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JERA Agrees to Transfer Equity Shares in Chang Bin, Fong Der, Star Buck Gas Thermal IPP in Taiwan2025/07/07

JERA Co., Inc. (JERA) has agreed to transfer all of its equity shares in the three gas-fired independent power producers (IPP) in Taiwan, namely, Chang Bin, Fong Der, and Star Buck, to Taiwan Cogeneration Corporation (TCC), the largest IPP operator in Taiwan. This transfer is part of JERA’s strategic asset reallocation in Asia.

 

Under its “JERA Zero CO₂ Emissions 2050” vision, JERA aims to achieve net-zero CO₂ emissions from both domestic and international operations by 2050. JERA remains committed to supporting sustainable growth and development across Asia, including Taiwan, and contributing to the broader global community.

 

 

Overview of Taiwan Gas Thermal IPP 

Station Name

Chang Bin

Power Station

Fong Der

Power Station

Star Buck

Power Station

Location

Changhua Province, Taiwan

Tainan City, Taiwan

Changhua Province, Taiwan

Power Output

490MW

2,080MW

490MW

Power Generation Method

Combined Cycle Power Generation

Fuel

Natural Gas

Start of Operation

March, 2004

March, 2004

June, 2009

 

 

 Overview of Taiwan Cogeneration Corporation

Major Shareholder

Taiwan Power Company

Business Overview

Independent power production, engineering of power facilities, and investment activities