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Copenhagen Infrastructure Partners divests 10% stake in Fengmiao I

  • Copenhagen Infrastructure Partners has sold a 10% share of its 495-megawatt Fengmiao I offshore wind project in Taiwan to Mitsui OSK Lines, making the Japanese company a joint owner alongside CIP.
  • The divestment follows Fengmiao I’s development since 2020, with site exclusivity awarded in December 2022 and construction starting after financial close in March 2025.
  • Fengmiao I will supply energy under long-term agreements to six large local and international users in Taiwan, supported by financing from 27 banks with export credit guarantees.
  • The 10% stake sale advances CIP's asset portfolio, as the wind farm targets completion by late 2027 and powers customers through contracts covering full capacity.
  • This transaction reflects CIP's ongoing strategy to manage low-carbon infrastructure investments and introduces MOL as a new participant in Taiwan’s offshore wind sector.
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Rigzone broke the news in on Wednesday, May 7, 2025.
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