MANILA, April 1 (Reuters): The Philippines' Department of Energy has announced that it had signed three contracts with a Danish fund manager for offshore wind energy development projects with a total capacity of 2,000 megawatts.
There will be a 25-year operating period for the service contracts with Copenhagen Infrastructure New Markets Fund (CINMF), which is the first foreign firm allowed to have a 100% interest in Philippine offshore wind energy, the department said .
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