April 23, 2025 – Copenhagen, Denmark & Taipei, Taiwan
Copenhagen Infrastructure Partners (CIP), through its fifth Flagship Fund (CI V), has announced it entered a power purchase agreement with Google in March for the Fengmiao I Offshore Wind Farm in Taiwan. This marks Google’s first offshore wind power purchase in Taiwan and Asia Pacific. Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction and the exclusive offshore wind development partner to CIP, is leading project development activities for the project.
“This is an important milestone for Fengmiao I and the future of the energy transition in Taiwan,” said Thomas Correll, Acting COP Taiwan CEO. “Our continued momentum to advance projects forward supports Taiwan’s ambitious renewable energy goals and carbon reduction targets as well as allows for further build out of the nation’s booming industry.”
Jesper Krarup Holst, COP Partner and Head of APAC said, “We are committed to supporting governments and local stakeholders in their ambitions to unlock the full potential of offshore wind in the APAC region. Following on the heels of completion of the Changfang & Xidao and Zhong Neng projects over the last year, this milestone for Fengmiao I exemplifies our agile approach to deliver competitive world class projects.”
Fengmiao I reached financial close on March 19 this year which enabled the construction phase to begin shortly afterwards. Manufacturing and installation activities are now underway.
Thomas Wibe Poulsen, APAC Regional Partner for CIP’s Flagship Funds and Chairman of Fengmiao Offshore Wind Farm, stated that this agreement marks the second collaboration between Google and CIP on offshore wind power procurement following the 250MW PPA for the Zeevonk Offshore Wind Farm in the Netherlands in December 2024. CIP is extremely pleased to expand the collaboration with Google into the Asia-Pacific region. This arrangement with Google further diversifies and strengthens the group of leading companies who will purchase green electricity from Fengmiao I over the long-term.
Located approximately 35 kilometers off the coast of Taichung City, Fengmiao I plans to install 33 wind turbines with a total capacity of approximately 500MW. The project is expected to be completed by the end of 2027, with its primary mission being the stable supply of green power.
About Copenhagen Offshore Partners (COP)
Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through the development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States, and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team is advancing projects across 18 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk
About Copenhagen Infrastructure Partners
Founded in 2012, Copenhagen Infrastructure Partners P/S (CIP) today is the world’s largest dedicated fund manager within greenfield renewable energy investments and a global leader in offshore wind. The funds managed by CIP focus on investments in offshore and onshore wind, solar PV, biomass and energy-from-waste, transmission and distribution, reserve capacity, storage, advanced bioenergy, and Power-to-X.
CIP manages 12 funds and has to date raised approximately EUR 32 billion for investments in energy and associated infrastructure from more than 180 international institutional investors. CIP has approximately 500 employees and 14 offices around the world. For more information, visit www.cip.com