EnergyWatch
Renewables

CIP awarded 2GW deal in the Philippines

Through its New Markets Fund, Copenhagen Infrastructure Partners signs off on three offshore wind contracts to develop a total of 2GW wind energy capacity.
The contracts are the first deals signed after the lifting og foregin ownership restrictions on renewable energy development in the country. | Photo: Finn Frandsen
The contracts are the first deals signed after the lifting og foregin ownership restrictions on renewable energy development in the country. | Photo: Finn Frandsen
BY ANNE FILBERT, TRANSLATED BY SIMON ØST VEJBÆK

On Thursday, CIP inked three offshore wind deals with the Philippine Department of Energy to develop 2GW of wind capacity across five provinces, reports local news outlet GMA News Online.

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