Japanese energy group JERA has planted its flag in offshore wind in Taiwan and the UK with deals for stakes in two projects.

JERA inked a deal with Macquarie Capital and Swancor to acquire a 32.5% share in the Formosa 1 offshore wind project in Taiwan.

Following the agreement, JERA will become the second biggest shareholder of Formosa 1, with Danish developer Orsted controlling the majority 35%, and Macquarie and Swancor holding 25% and 7%, respectively.

The 128MW Formosa 1 is a demonstration offshore wind project off Taiwan.