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Home›Business & Finance›Fengmiao 1 First Taiwan Round 3 Offshore Wind Project to Reach Financial Close
Business & Finance

March 19, 2025 · about 1 year ago

Fengmiao 1 First Taiwan Round 3 Offshore Wind Project to Reach Financial Close

Copenhagen Infrastructure Partners (CIP), through its fund Copenhagen Infrastructure V (CI V), has reached financial close on the 495 MW Fengmiao 1 offshore wind project in Taiwan, which will feature Vestas 15 MW turbines. Fengmiao 1 has secured approximately TWD 103 billion (about USD 3.1 billion)

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Fengmiao 1 First Taiwan Round 3 Offshore Wind Project to Reach Financial Close

Vestas is the turbine supplier to CIP’s two existing projects and will also supply 33 units of its latest 15 MW turbine to Fengmiao 1 .

The construction of the offshore wind farm is scheduled to be completed by the end of 2027. Copenhagen Offshore Partners will continue its involvement throughout the construction phase.

A group of six local and international corporations has entered into long-term power purchase agreements with Fengmiao 1 for its entire capacity, with the most recent being MediaTek, a Taiwanese semiconductor company.

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Taiwanese Semiconductor Company to Get Power from CIP’s Fengmiao 1 Offshore Wind Farm

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