May 14, 2025 – Copenhagen, Denmark and Manila, Philippines
Copenhagen Offshore Partners (COP), a global leader in offshore wind development, construction, and operations, has announced that Rune Damgaard has been appointed CEO of COP Philippines. He will continue to advance a 2GW project development portfolio in the Philippines on behalf of Copenhagen Infrastructure Partners (CIP). COP is the exclusive offshore wind development partner to CIP.
Damgaard has served as Co-CEO of the Philippines market alongside Jesper Krarup Holst, COP Partner and Head of APAC, since January 2024. He previously served as Deputy CEO and Procurement Director at COP for the 500 MW Fengmiao I project in Taiwan.
Holst will continue leading COP’s greater APAC market strategy, which includes approximately 21GW of projects in early to late-stage development in both new and advanced markets.
“I am proud to be trusted with leading our team in the Philippines and believe offshore wind holds great potential to contribute to the government’s renewable energy and climate ambitions,” said Damgaard. “We are committed to advancing our projects through close community engagement and I thank all of our stakeholders for their tremendous support and continued collaboration as we progress activities this year and into the future.”
“Rune has done a tremendous job creating momentum in this new market together with our project team,” added Jesper Krarup Holst, Partner and Head of APAC at COP. “Offshore wind development is complex, but we are confident that under Rune’s leadership we will unlock its full potential in the Philippines, driving renewable energy advancements in the region.”
CIP and COP’s 2 GW portfolio of offshore wind projects in the Philippines are expected to create around 4,500 jobs during the development and operations period, as well as generate enough electricity to power approximately one million households, which would offset 2.9 million tonnes in CO2 emissions per year for the duration of their 25-year contracts.
CIP and COP are targeting delivery of Philippines projects by 2028 and are committed to developing them in partnership with the Philippines government and local stakeholders to support the nation’s climate, renewable energy, and economic development goals.
About Copenhagen Offshore Partners
Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, construction, and operations. COP is unlocking the full potential of offshore wind to power the world through the development of a 50+ GW project portfolio from Asia Pacific to Europe and the Americas. An industry pioneer, COP is safely and sustainably delivering projects in new and established markets, such as the recently constructed and advanced stage projects Changfang & Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States, and Jeonnam 1 in Korea. COP also implements new solutions as a first mover or fast follower to open new opportunities through flexible offtake offerings, partnerships, and supply chain solutions. COP is a proudly independent company owned by its management. Learn more at www.cop.dk