Swiss private equity firm Partners Group Holding AG (SWX:PGHN) is considering a sale of Taiwan-based Formosa Solar Renewable Power Co., Ltd. in a deal that could value the business at up to USD 400 million (EUR 376.0 million) in equity terms, Bloomberg reported, citing insiders. Preliminary discussions are underway, with Bank of America Corp. tapped to assist in the potential transaction.

No final decision has been made yet and the Swiss firm may also decide to keep the business, the report said further.