Copenhagen Infrastructure Partners (CIP) and Vietnam National Industry – Energy Group (Petrovietnam) have signed a joint development agreement to collaborate on an offshore wind project in Vietnam’s south-central region.
The project is expected to be among Vietnam’s first offshore wind initiatives and represents a significant step in the country’s efforts to diversify its energy mix and accelerate its green transition toward a sustainable energy future. The project is expected to unlock long-term economic value, contribute significantly to Vietnam’s energy security and lay the foundation for the development of a robust local supply chain.
CIP is developing the project through its Growth Market Fund II, together with Copenhagen Offshore Partners, CIP’s exclusive offshore wind development partner.