K2 Management (K2M) has been selected as the Owner’s Engineer for the MyeongRyang Offshore Wind project, a venture led by Pacifico Energy Korea (PEK), subsidiary of American renewable energy developer Pacifico Energy.
The MyeongRyang Offshore Wind project is the initial phase of a larger 3.2GW offshore wind complex off the coast of Jindo-gun, Jeollanam-do in South Korea. The MyeongRyang Offshore Wind project involves the construction of a fixed offshore wind farm with an installed generation capacity of approximately 420MW. K2 Management’s role as Owner’s Engineer for the MyeongRyang Offshore Wind project encompasses support in overall project management. This includes conducting wind analysis, metocean studies, conceptual designs, and preparing and selecting contractors for site investigation. K2M will continue to offer technical support throughout the site investigation process, as well as assistance in obtaining permits. With work having begun in December 2023, K2M is expected to be actively involved until 2025.