Copenhagen Infrastructure Partners has signed a preferred supply agreement with LS Cable for the supply of offshore and onshore cables to CIP’s third offshore wind project in Taiwan, the 500 MW Feng Miao 1 array.
The contract specifies that LS Cable, a Korea-based industrial corporation and one of the largest cable manufacturers worldwide, will supply offshore export cables, inter-array cables and onshore export cables from their Korean manufacturing facility to the project. CIP was awarded Feng Miao 1 in the first round of Taiwan’s Round 3 Zonal Development Offshore Wind Auction in December 2022. The joint statement was signed on 6 March during the Korea-Denmark Wind Business Conference in Seoul.
Feng Miao 1 project is owned by CIP’s Flagship Fund V, and is currently in the late development stage, finalising design and procurement in preparation for financial close. This is the fourth cable supply collaboration between LS Cable and CIP’s offshore wind projects in Asia, following Changfang Xidao and Zhong Neng in Taiwan and Jeonnam Offshore Wind 1 in Korea.