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Philippines Agrees 2GW Offshore Wind Deals with Danish Investor

Mar 30, 2023

The Philippines' Department of Energy said on Thursday it had signed three contracts with a Danish fund manager for offshore wind energy development projects with a total capacity of 2,000 megawatts.There will be a 25-year operating period for the service contracts with Copenhagen Infrastructure New Markets Fund (CINMF), which is the first foreign firm allowed to have a 100% interest in Philippine offshore wind energy…

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