Copenhagen Infrastructure Partners (CIP) has signed up LS Cable to supply offshore and onshore cables to for its 500MW Feng Miao 1 project in Taiwan.
Under the preferred supply agreement, the Korea-based cable company will supply offshore export cables, inter-array cables and onshore export cables from their Korean manufacturing facility.
The joint statement was signed during the Korea-Denmark Wind Business Conference in Seoul, which was attended by Lars Aagaard, Danish Climate Minister, and Namho Choe, Korean Vice Minister for the Ministry of Trade, Industry and Energy.
Feng Miao 1 project is owned by CIP’s Flagship Fund V (CI 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.
“We thank LS Cable for their continuous commitment to delivering the best quality cable systems to our offshore wind projects both in Taiwan and South Korea. The fact that we have now signed our fourth agreement is a testimony to the strong relationship between our two companies,” said Thomas Wibe Poulsen, Partner and Head of Asia-Pacific at CIP.