CIP picks preferred cable supplier for 500-MW wind project in Taiwan

CIP picks preferred cable supplier for 500-MW wind project in Taiwan Formosa I Phase II in Taiwan. Image by: Ørsted A/S.

Copenhagen Infrastructure Partners (CIP) has selected its long-time Korean partner, LS Cable & System, as a preferred supplier of offshore and onshore cables for a 500-MW wind project off the Taiwanese coast.

LS Cable will be providing offshore export cables, inter-array cables and onshore export cables from its Korean manufacturing facility, according to a statement published Wednesday.

CIP secured the Feng Miao 1 project in the first tender of Taiwan’s Round 3 Zonal Development offshore wind auction in 2022. The project is currently at a late development stage, finalising design and procurement in preparation for financial close.

The parties signed the preferred supply agreement during the Korea-Denmark Wind Business Conference today in Seoul. The pact marks the fourth cable supply collaboration between the companies in Asia, following Changfang Xidao and Zhong Neng in Taiwan and Jeonnam Offshore Wind 1 in Korea.

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Marta is an M&A and IPO specialist with years of experience covering energy deals in the US and EU.

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