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ORSTED Oersted A/S News Story

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Orsted sells 55% of Taiwan wind farm to Cathay

COPENHAGEN, Dec 23 (Reuters) - Danish offshore wind developer Orsted  has agreed to sell a 55% stake in its Greater Changhua 2 offshore wind farm in Taiwan to life insurance company Cathay in a deal worth around 5 billion Danish crowns ($788.74 million), it said on Tuesday.

($1 = 6.3392 Danish crowns)

 (Reporting by Stine Jacobsen, editing by Essi Lehto)

 ((stine.jacobsen@thomsonreuters.com; +45 2156 9010))

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