CIP inks PPA for 500 MW offshore wind project in Taiwan
The project will be completed in three years.
Copenhagen Infrastructure Partners (CIP), through its flagship fund Copenhagen Infrastructure V, has signed a corporate power purchase agreement for its Fengmiao I Offshore Wind Farm.
In a statement, CIP said the agreement was signed with Sino American Silicon Products Inc. and its renewable energy unit Sustainable Energy Solution.
Fengmiao I is located 35 kilometres off the coast of Taichung City and will feature 33 wind turbines with a total capacity of 500 megawatts.
Expected to be completed by late 2027, the project will supply green power to Taiwanese companies.