DOF, CIP advance CamSur offshore wind project

MANILA, Philippines – The Department of Finance (DOF) has started financing talks and project preparations for the proposed 901-megawatt (MW) San Miguel Bay Offshore Wind Power Project in Camarines Sur. In a statement, the DOF said Finance Secretary Frederick Go discussed project milestones, financing, and Green Energy Auction preparations with executives of Copenhagen Infrastructure Partners (CIP). READ: Marcos welcomes $3-billion Danish investment in PH clean energy push CIP had earlier disclosed that it will spend about $3 billion for the project. “Offshore wind development is critical to strengthening our long-term energy security and advancing our sustainability goals. Today, global companies […]... Keep on reading: DOF, CIP advance CamSur offshore wind project