Taipei, 3 August 2026 – J&V Energy Technology Co., Ltd. (TWSE: 6869) (“J&V Energy” or the “Group”), an integrated low-carbon energy group in Asia, today announced the completion of its acquisition of a 187MW portfolio of operational solar assets in Taiwan from Global Infrastructure Partners (GIP), a part of BlackRock. By installed capacity, the transaction is the largest solar asset deal completed in Taiwan so far this year. The assets will be integrated into the Group’s existing operating, asset management and green electricity retail platforms, further expanding its renewable energy asset base and creating additional EPC revenue while enhancing long-term operating cash flow and earnings visibility.
The portfolio comprises 42 operational solar plants located across Central and Southern Taiwan, with combined installed capacity of 187MW. The assets are expected to generate approximately 270 million kWh of electricity annually—sufficient to power around 80,000 Taiwanese households—and to deliver stable generation for more than 15 years, providing the Group with long-term and predictable operating income.
Following completion of the transaction, related engineering, procurement and construction (EPC) revenue will be recognized progressively over the next two years in line with project schedules. EPC revenue is expected to account for a double-digit percentage of the Group’s annual revenue in each of the next two years, becoming one of the key drivers of operating growth.
The 42 assets will also continue to contribute generation, operations and maintenance (O&M), and asset management income. The additional output will be integrated into the green electricity supply portfolio of GREENET (TPEX: 7842), J&V Energy’s electricity retail subsidiary, expanding the Group’s available green power supply while improving overall operating efficiency and long-term earnings stability.
Shu-Min Chao, General Manager of J&V Energy, said: “Following completion of the transaction, the Group’s annual power generation will increase from approximately 250 million kWh to 520 million kWh—more than doubling its previous level and marking a new phase in J&V Energy’s renewable generation strategy. As corporate decarbonization and green electricity demand from high-tech industries continue to grow, our expanded renewable energy portfolio will strengthen green electricity supply capacity, our ability to fulfill long-term commitments and market competitiveness.”
Kai Tan, Vice President of J&V Energy, said: “Rapid growth in AI and high-performance computing is driving corporate demand for electricity that is stable, low-carbon and flexible. This transaction significantly expands the Group’s generation and supply scale. Going forward, we will integrate solar, energy storage, solid oxide fuel cells (SOFC) and energy management capabilities to provide diversified energy solutions tailored to different corporate load profiles, supporting the expansion of computing capacity across AI data centers and high-tech industries.”
Looking ahead, J&V Energy will continue to accelerate its expansion into the AI data center (AIDC) market, leveraging the Group’s strengths in energy development, supply and integrated services to build the low-carbon energy infrastructure required in the AI era. The Group will advance its “AIDC × Distributed Generation × Sustainable Circularity” strategy and move toward becoming a leading low-carbon new energy brand in Asia.
▲J&V Energy has completed the acquisition of 42 operational solar plants in Taiwan from Global Infrastructure Partners (GIP), a part of BlackRock, with combined installed capacity of 187MW. By installed capacity, the transaction is the largest solar asset deal completed in Taiwan so far this year.