Financial close reached on Jeonnam 1 offshore wind project in Korea

Wind Industry Profile of

Jeonnam I – a 99-MW offshore wind farm off the coast of Shinan County, Jeonnam Province in the southwest of Korea - has reached financial close and construction completion of the wind farm is expected by the end of 2024

Jeonnam I is a joint venture between SK E&S, one of the largest conglomerates in South Korea, and Copenhagen Infrastructure Partners (“CIP”) through its fund Copenhagen Infrastructure III (“CI III”). Jeonnam Offshore Wind Power was founded in 2020 as a 51-49 joint venture between SK E&S and Copenhagen Infrastructure Partners (CIP) and the project is expected to become the first Korean commercial scale offshore wind farm to go into operation in 2024. The project has been developed by a joint team comprised by SK E&S... ... More: Official Press Release CIP

Keywords:

Copenhagen Infrastructure Partners, SK E&S, CIP, South Korea, offshore, wind project, Jeonnam I, financial close