Partners Group Said to Mull Sale of Taiwanese Solar Firm Formosa

Partners Group Holding AGis weighing a sale of Taiwan’s Formosa Solar Renewable Power Co., according to people with knowledge of the matter.

The Swiss private equity group is working with Bank of America Corp. on the potential divestment, targeting an equity value of $300 million to $400 million, said the people, who asked not to be identified as the information is private.

Deliberations are at an early stage and Partners Group could decide to retain the business, the people said. Representatives for Bank of America and Partners Group declined to comment.

Formosa Solar manages and invests in solar ...