The Fengmiao Offshore Wind Farm, led by the fifth flagship fund of Copenhagen Infrastructure Partners (CIP), will officially enter its first year of offshore construction in 2026, to complete full grid connection by the end of 2027. CEO Mark Wainwright stated that following the completion of project financing in March 2025, overall construction has continued to progress. All pin piles have now been manufactured. A total of 33 jacket foundations are being managed under a turnkey contract by Century Iron and Steel, with 20 fabricated in-house by Century and the remaining 13 produced by a Korean manufacturer. The overall configuration complies with the localization requirements of the third quarter, first phase offshore wind projects.