Power Technology
Date: 22 APRIL 2020SHARE

Global infrastructure investment management firm I Squared Capital has closed the sale of its solar platform Chenya Energy in Taiwan to Japanese company Marubeni.

As a wholly-owned subsidiary of Asia Cube Energy, Chenya Energy was engaged in solar development, construction and operating the platform in Taiwan.

Asia Cube Energy is a pan-Asian renewable portfolio company, which was established by I Squared Capital in 2017.

I Squared Capital managing partner Gautam Bhandari said: “In three years under I Squared Capital’s stewardship, Chenya Energy grew from 2.3 to 344.4MW of solar capacity across multiple technologies, including floating, ground-mounted and rooftop solutions.    [FULL  STORY]