MANILA -Copenhagen Infrastructure New Markets Fund (CINMF), an affiliate of Danish fund manager Copenhagen Infrastructure Partners (CIP), is undertaking $5 billion (P271.95 billion) worth of offshore wind projects in the Philippines, making it the country's first 100-percent foreign-owned offshore wind development. The Department of Energy (DOE) and CINMF on Thursday signed three offshore wind service contracts with a period of 25 years each. The projects have a combined capacity of 2,000 megawatts (MW) to be developed in the following provinces: Camarines Norte and Camarines Sur (1,000 MW), Northern Samar (650 MW), and Pangasinan and La Union (350 MW).

https://business.inquirer.net/393846/danish-fund-to-invest-in-3-offshore-wind-projects

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