PUBLISHED September 11, 2024
COP Inaugurates New Office in Manila, Reaffirms Commitment to Energy Transition in the Philippines
September 11, 2024 – Manila, Philippines and Copenhagen, Denmark:
Copenhagen Offshore Partners (COP), a global leader in offshore wind development and construction, has expanded its footprint in Asia Pacific and opened a new office in Manila, Philippines located at the ORE Building, BGC Taguig City. COP’s new offices are co-located with Copenhagen Infrastructure Partners (CIP), the world’s largest green energy fund. COP is leading development for three offshore wind sites in the Philippines, totaling 2 GW of capacity, on behalf of CIP, owner of the Philippines portfolio.
The inauguration ceremony was attended by distinguished guests, including Filipino Department of Energy Secretary Raphael “Popo” Lotilla, Danish Ambassador Franz-Michael Skjold Mellbin, Philippine Ambassador to Denmark Leo M. Herrera-Lim, Department of Environment and Natural Resources Secretary Toni Yulo-Loyzaga, Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go, and senior CIP and COP executives.
Jesper Krarup Holst, COP Philippines Co-CEO and COP Partner, said, “We are thrilled to open an office in Manila alongside our CIP partners. Together, we are advancing development of our Philippines portfolio to accelerate the country’s energy transition and sustainability goals.”
Rune Damgaard, COP Philippines Co-CEO stated, “The Philippines has immense potential for offshore wind energy, and we are proud to support the government’s efforts to unlock this important infrastructure in the country. Our presence underscores our dedication to being part of this journey and partnering with local stakeholders to create innovative solutions that benefit communities and the environment.”
COP and CIP’s 2 GW Philippines portfolio is 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 tons in CO2 emissions per year for the duration of their 25-year contracts.
(from left) Rune Damgaard, Co-CEO of Copenhagen Offshore Partners; Jesper Holst, Partner and Co-CEO of Copenhagen Offshore Partners; Robert Helms, Partner of Growth Market Fund, Copenhagen Infrastructure Partners; Maria Antonia Yulo-Loyzaga, Secretary of the Department of Environment and Natural Resources; Raphael P. M. Lotilla, Secretary of the Department of Energy; Przemek Lupa, Associate Partner and Head of Southeast Asia, Growth Market Fund, Copenhagen Infrastructure Partners; Secretary Frederick Go, Special Assistant to the President for Investment and Economic Affairs; Leo Herrera-Lim, Ambassador of the Philippines to Denmark; Franz-Michael Skjold Mellbin, Ambassador of Denmark to the Philippines; Marina Hsu, Regional Managing Director of Copenhagen Infrastructure Service Co.; Francis Isagani Daba, Business Development Director of Copenhagen Infrastructure Service Co. participated in the ribbon-cutting ceremony for the opening of Copenhagen Infrastructure Partners’ Manila office in the ORE Building, BGC, Taguig City.
About Copenhagen Offshore Partners
Copenhagen Offshore Partners (COP) is a world leader in offshore wind project origination, development, and construction. COP is accelerating the energy transition through development of a 50+ GW project portfolio. An industry pioneer, the group is leading project development in new markets, including four projects recently completed or currently under construction – Changfang and Xidao and Zhong Neng in Taiwan, Vineyard Wind 1 in the United States and Jeonnam 1 in Korea. COP also specializes in system integration capabilities, including power-to-x. COP’s expert team is advancing projects across 15 offices in Europe, Asia Pacific, and the Americas. COP is a proudly independent company owned by its management. Learn more at www.cop.dk