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CIP enters Philippines with 2GW trio
Copenhagen Infrastructure Partners has entered the Philippines offshore wind market by signing contracts with the government for three projects totalling 2GW.
The Danish company has signed 25-year offshore wind service contracts with the Asian nation's Department of Energy for projects off the coast of Camarines Norte and Sur; Northern Samar; and Pangasinan and La Union.
CIP is investing in the nation via its Copenhagen Infrastructure New Markets Fund I.