Copenhagen Infrastructure Partners (CIP) has signed a corporate power purchase agreement (PPA) with Taiwanese telecoms group Far EasTone Telecommunications for its 500 MW Fengmiao 1 offshore wind project. The agreement was secured through CIP’s flagship Fund V (CI V).
Fengmiao 1 will be located 35 km off the coast of Taichung City and will feature 33 wind turbines. The wind farm is expected to begin commercial operations by the end of 2027. Project financing is nearing completion, according to CIP.
