CLI to buy 50% stake in Ørsted's Greater Changhua 4 for $1.6bn [Yahoo! Finance]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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Source: Yahoo! Finance
acquire a 50% stake in Ørsted's Greater Changhua 4 offshore wind farm offshore Taiwan. The transaction includes a 50% ownership share and a commitment to fund 50% of the engineering, procurement and construction (EPC) contract payments. The remaining 50% of the wind farm will be retained by Ørsted. All necessary regulatory approvals have been obtained, and the transaction is expected to close by the end of 2024. It is valued at DKr11.6bn ($1.6bn), with payments scheduled for 2024 and 2025. The 583MW Greater Changhua 4 site is part of Ørsted's 920MW offshore wind farms, Greater Changhua 2b and 4, which are currently under construction and are expected to be completed by the end of 2025. The combined capacity of wind farms is secured by a 20-year fixed-price corporate power purchase agreement with Taiwan-based semiconductor company TSMC. Ørsted will build the wind farm under a full-scope engineering, procurement and construction contract and provide long-term operations and
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TSM
Earnings
- 10/18/24 - Beat
TSM
Sec Filings
- 12/19/24 - Form 6-K
- 12/10/24 - Form 6-K
- 11/27/24 - Form 6-K
- TSM's page on the SEC website