Fengmiao I, a 495 MW offshore wind farm, has reached a financial close, marking a significant milestone in the project’s development and Taiwan’s renewable journey. The project is owned by Copenhagen Infrastructure Partners (CIP) through its fund Copenhagen Infrastructure V (CI V).
PEAK Wind is proud to be part of this landmark project and has entered into an Operations Management Agreement (OMA) to oversee the operations of Fengmiao I, ensuring its efficient and reliable performance as the project progresses.
The OMA will provide operational management continuing to build up a strong Taiwan Operations set-up – all with a focus on ensuring the efficient and reliable operations of Fengmiao I for all stakeholders.
Fengmiao I offshore wind farm is located approximately 35 km off the coast of Taichung, central Taiwan. It is the first offshore wind project in Taiwan to be supported by corporate offtakers and will deliver clean energy to large energy users across the country, contributing significantly to Taiwan’s renewable energy goals. Fengmiao I is CIP’s third offshore wind project in Taiwan, following the successful construction of Changfang & Xidao and Zhongneng.
Construction is scheduled to be completed by the end of 2027. The wind farm will consist of 33 turbines, each boasting a capacity of 15 MW, and will be supported by an offshore substation to ensure efficient operations.
Fengmiao I (FM1) is the latest addition to PEAK Wind’s growing global portfolio, making PEAK Wind one of the largest independent offshore wind farm operators globally and the largest independent outside Europe and China. PEAK Wind’s total wind farm portfolio under management now accumulates to 2.6 GW, including 1,395 MW in Taiwan, along with 700 MW in North America and 500 MW in Europe. Securing the assignment highlights PEAK Wind’s credibility and expertise in managing large-scale renewable energy projects, building on the successful management of Changfang & XiDao (CFXD) and Zhong Neng (ZN) projects to deliver reliable and efficient operations across regions.
Nick Davies, APAC Regional Director at PEAK Wind, stated: “It’s so good to see Fengmiao I crossing the Financial Close line amidst the challenges that have been felt across Taiwan’s Round 3 Zonal Development Offshore Wind Auction. This milestone marks another significant step in PEAK Wind’s journey as we secure our third Operations Management Agreement in Taiwan. It stands as a testament to the exceptional performance of our local team on the ground, the trust our customers and project partners place in us, and our reputation as global leaders in offshore wind asset management.”
About PEAK Wind Group
PEAK Wind is an independent renewable energy specialist in onshore and offshore renewable energy infrastructure, delivering operations and asset management, advisory, and intelligence for investors, developers, owners, and operators around the world. Partnered to deliver throughout the energy lifecycle from generation to Power-to-X, PEAK Wind provide a holistic view of renewable energy portfolios. Deep insights and project synergies are delivered via our unique combination of financial, commercial, and technical expertise to maximise the project owner’s return on investment.
For further information, please contact:
Name: Emma Roberts
Position: Head of Marketing & Communications
E-mail: [email protected]
Phone: +45 31 34 88 52
