Copenhagen Infrastructure Partners (CIP), on behalf of its Copenhagen Infrastructure V fund (CI V), has plans to divest a 10 percent stake in the 495-megawatt Fengmiao I offshore wind farm to Japanese shipping company Mitsui O.S.K. Lines (MOL).
Financial terms were not disclosed. MOL will enter Fengmiao I as co-owner alongside CI V, which will remain the controlling shareholder and operator of the offshore wind farm.
Located off the coast of Taichung County, Taiwan, Fengmiao I is CIP’s third offshore wind project in Taiwan. The project’s development began in 2020, and site exclusivity and grid allocation were secured in Taiwan’s Round 3.1 auction in December 2022. Construction of Fengmiao I was initiated after financial close in March 2025, and the offshore wind farm is on track for completion of construction by the end of 2027.
After becoming operational, Fengmiao I will deliver clean energy to a group of six large local and international energy users in
