J&V Energy Acquires 187 MW Operational Solar Portfolio in Taiwan from BlackRock / Global Infrastructure Partners
J&V Energy Technology has agreed to acquire a 187 MW portfolio of 42 operational solar plants across Central and Southern Taiwan from a fund managed by Global Infrastructure Partners, a part of BlackRock. The fully contracted assets generate approximately 270 million kWh annually and have a remaining operating life exceeding 15 years. The transaction is expected to close in Q3 2026.
Transaction date: · Source: global.jv-holding.com
Key facts
- Transaction date
- Technology
- Solar PV
- Capacity
- 187 MW
- Transaction price
- Not disclosed
- Seller
- Global Infrastructure Partners (BlackRock)
- Country
- Taiwan
- Region
- Central and Southern Taiwan
- Location
- 42 sites across Central and Southern Taiwan
- Continent
- Asia
- Development status
- Operational
- PPA
- Yes
Technology details
42 operational solar plants with a combined nameplate capacity of 187 MW, located across Central and Southern Taiwan. Expected to generate approximately 270 million kWh of clean electricity per year, sufficient to power around 80,000 Taiwanese households. Remaining operating life in excess of 15 years. Assets feature long-dated, fully contracted cashflows.
Power purchase agreement (PPA)
Assets benefit from long-dated, fully contracted cashflows providing stable and predictable revenue. Further details not disclosed.
Additional information
Transaction expected to close in Q3 2026, subject to customary regulatory approvals. Financial terms not disclosed. J&V Energy and BlackRock/GIP have previously partnered on multiple solar projects in Taiwan since 2018. Following completion, assets will be integrated into J&V Energy's operating, asset management and electricity retail platforms. The acquisition will expand supply capacity for GREENET (TPEX: 7842).
Source
Original announcement: https://global.jv-holding.com/newsDetail.aspx?docData_id=568