00:00Danish energy firm Orsted has sold over half of its stake in one of its Taiwan offshore wind farms to Taiwanese firm Cathay.
00:08The life insurer bought 55% of Orsted's Greater Zhanghua II offshore wind farm, adding to deals to co-own two other wind farms off central Taiwan.
00:20It's part of Orsted's bid to restore investor confidence as it faces rising costs from supply chain disruptions and inflation.
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