Synera Renewable Energy
About
A Taipei-based offshore wind developer, called Swancor Renewable Energy until it renamed itself Synera Renewable Energy in November 2022, and supported by the infrastructure investor Stonepeak. In Taiwan it helped develop and deliver Formosa 1 and Formosa 2, and in May 2025 it raised its stake in Formosa 2 to 51%, taking majority ownership. Formosa 4, Formosa 5 and Formosa 6 are in progress in Taiwan, alongside development positions in Japan and South Korea. Most of its weight therefore sits in one market. That ties it to Taiwan's own policy and finance: in December 2025 it called on the government and local financial institutions to resolve credit support and project financing so the fully contracted Formosa 4 could start construction.
Outlook
as of 2026-10Portfolio
4 held · live stages first, exits lastCapacity is net of ownership stake: a 50% JV counts half. Gross exposure (full nameplate of every project held): 1.79 GW. Some stakes are undisclosed, so net GW is a floor.
| Project | Country | Stage | MW | Stake | Net MW |
|---|---|---|---|---|---|
| Formosa 2 | Taiwan | Operational | 376 | 51% | 192 |
| Formosa 1 Phase 2 | Taiwan | Operational | 120 | 7.5% | 9 |
| Formosa 6 | Taiwan | Advanced Development | 800 | — | — |
| Formosa 4 | Taiwan | Advanced Development | 495 | 100% | 495 |