Yunpao Energy Completes Taiwan's Largest Solar PV Transaction This Year, 187MW Acquisition Doubles Power Generation

Yunpao Energy (6869-TW) announced today the formal completion of the acquisition of a portfolio of operational solar photovoltaic (PV) projects in Taiwan from Global Infrastructure Partners (GIP), a global infrastructure investment management firm under Blackstone. The total installed capacity reaches 187MW, making it the largest solar PV asset transaction in Taiwan by capacity this year. The acquired projects will be integrated into the group’s existing operations, asset management, and green power sales systems, further expanding renewable energy asset scale and engineering revenue, while enhancing long-term operational cash flow and earnings visibility.

Yunpao Energy stated that the acquisition includes 42 operational solar PV sites located in central and southern Taiwan, with a combined installed capacity of 187MW. These sites are expected to generate approximately 270 million kWh annually—enough to power around 80,000 households—and will provide stable, long-term operational revenue for over 15 years.

With the transaction completed, related Engineering, Procurement, and Construction (EPC) revenue will be recognized progressively over the next two years based on project progress. This is expected to contribute double-digit percentages to the group’s annual revenue, becoming one of the key drivers for operational growth.

Additionally, Yunpao Energy anticipates that the 42 sites will continue to generate revenue from power generation, operations & maintenance, and asset management. The additional power output will be channeled into the green power resale system of its subsidiary, Tian Neng Green Energy (7842-TW), expanding the scale of available green electricity and enhancing the group’s overall operational efficiency and long-term revenue stability.

General Manager Zhao Shu-Min stated, “With this transaction, our group’s annual power generation will increase from approximately 250 million kWh to about 520 million kWh—a more than doubling in scale—marking a new phase in Yunpao Energy’s clean energy development strategy. As corporate decarbonization and green power demand from high-tech industries continue to grow, we will leverage our expanded renewable energy resources to enhance green power supply capacity, long-term contract fulfillment, and market competitiveness.”

Vice General Manager Tan Yu-Hsuan added, “The rapid advancement of AI and high-performance computing is driving corporate demand for stable, low-carbon, and dispatchable power. This transaction significantly expands our power generation and supply capacity. Going forward, we will further integrate solar PV, energy storage, solid oxide fuel cells (SOFC), and energy management capabilities to deliver diversified energy solutions tailored to different enterprise power needs, supporting the computing power development of AI data centers and high-tech industries.”

Looking ahead, Yunpao Energy will continue to aggressively target the AI Data Center (AIDC) market, leveraging its strengths in energy development, supply, and integrated services to build low-carbon energy infrastructure for the AI era. The company aims to accelerate its strategic deployment of “AIDC × Distributed Energy Generation × Sustainable Circularity” and advance toward becoming a leading low-carbon new energy brand in Asia.