Walsh Energy was awarded 920MW of offshore wind power project in Taiwan

Recently, Taiwan Province of China announced the results
of its first offshore wind power auction.
Walsch Energy (formerly DONG Energy) eventually acquired a 920MW offshore wind farm
in the Changhua area.

Based on the relevant permits obtained by Horizon Energy and the final investment decision, the project will be completed
in 2025.
The winning bid price for the project is NT$2,548 (approximately EUR 72.
3)
per MWh.
Currently, Walsch Energy has 1,820MW of offshore wind projects in Changhua, including 900MW acquired
in April this year.

Executive Vice President and CEO of Wind Power Division of Walsch Energy said, "After the competitive auction process, we are very pleased
with Changhua's further value-added creative capabilities.
”

The General Manager of Walsh Energy Asia Pacific said: "Walsh Energy has come to Taiwan and established a hub
in the Asia-Pacific region here.
We are pleased to see Taiwan's offshore wind industry maturing and being able to make a significant contribution
to this development.
With the wind power project in 2025, we will further strengthen our local presence
.
”

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