Cheyenne Suarez

Danish energy firm meets with Marcos on $3 billion wind farm project in Camarines Sur

Dark clouds hover over the Bangui Wind Farm in Ilocos Norte Friday, as strong winds and big waves brought by Typhoon Ompong are felt in the area. Typhoon Ompong is expected to make landfall Saturday.   Jonathan Cellona, ABS-CBN News

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Katrina Domingo

ABS-CBN News

<div> </div>MANILA — President Ferdinand Marcos Jr. on Tuesday met with officials from energy firm Copenhagen Infrastructure Partners (CIP) to discuss the Danish firm’s $3 billion investment to establish their first wind farm in Southeast Asia.CIP — one of the world’s largest renewable investment firms — is set to open its first offshore wind farm project in the region in Camarines Sur, Communications Undersecretary Claire Castro said in a Palace press conference.“Binigyan diin ng kumpaniya na pinili nilang mag invest sa Pilipinas dahil sa magandang lokasyon nito sa magandanag hangarin ni Pangulong Ferdinand Marcos Jr. na magshift sa renewable energy,” she said.“Ayon kay Pangulong Marcos Jr., mahalaga ang investment ng kumpanya dahil sa hangarin ng pamahalaan na mag-shift mula sa fossil fuels patungong renewable energy,” she said.Last week, Marcos urged Asia-Pacific Economic Cooperation (APEC) leaders to address investment gaps in clean energy as the Philippines pushes to meet its target to have more reliance on renewable energy by 2024.In 2023, Marcos acknowledged the Philippines’ slow transition to renewable energy, citing the need for more clean energy infrastructure in the country.

CIP — one of the world’s largest renewable investment firms — is set to open its first offshore wind farm project in the region in Camarines Sur.

CIP — one of the world’s largest renewable investment firms — is set to open its first offshore wind farm project in the region in Camarines Sur.