Pacifico Energy Korea’s Manho and Jindo Baram Offshore Wind Projects Selected as Sole Developers for the 2.13GW Jindo Offshore Wind Integrated Cluster Phase 2

August 20, 2026

9:00 am

Pacifico Energy Korea, a U.S.-based renewable energy company, announced that its Manho Offshore Wind Project and Jindo Baram Offshore Wind Project (the “Manho and Jindo Baram Projects”) have been finally selected as the sole developers of the 2.13GW Jindo Offshore Wind Integrated Cluster Phase 2 (the “Jindo Integrated Cluster Phase 2”).

This selection follows the Manho and Jindo Baram Projects’ signing of an Implementation Management Agreement for the Jindo Integrated Cluster Phase 2 with Jeonnam-Gwangju Special Metropolitan City (formerly South Jeolla Province) and Jindo County.

The Jindo Integrated Cluster Phase 2, led by Jeonnam-Gwangju Special Metropolitan City as the implementing institution, is a government-designated, 2.13GW offshore wind development area comprising the Manho and Jindo Baram Projects, located off the coast of Jindo County, Jeonnam-Gwangju Special Metropolitan City. Last year, following a maritime siting consultation with relevant government agencies and deliberation by the first and second Public-Private Councils, Jeonnam-Gwangju Special Metropolitan City finalized the cluster development plans, and the Ministry of Climate, Energy and Environment designated it as an “Integrated Cluster” this March. In June, Jeonnam-Gwangju Special Metropolitan City convened an evaluation committee and completed a developer suitability assessment, verifying the development capability and implementation adequacy of the developers.

The Manho and Jindo Baram Projects are the second and third phases of Pacifico Energy Korea’s 3.2GW Jindo Offshore Wind Project Cluster. The first phase, the 420MW Myeong Ryang Offshore Wind Project, secured its Electricity Business License in September 2025 and completed the preliminary Environmental Impact Assessment report this March. The 990MW Manho Offshore Wind Project and the 1.8GW Jindo Baram Offshore Wind Project have each submitted their Electricity Business License applications and are currently in the review process.

Meanwhile, as the Manho and Jindo Baram Projects were selected through the implementing institution’s rigorous verification process, this is expected to accelerate the development of the Jindo Integrated Cluster Phase 2, advancing regional industrial competitiveness and strengthening the region’s energy self-sufficiency. This selection is also expected to contribute to expanding the region’s large-scale renewable energy supply and to play a positive role in the future development of RE100 industrial complexes and advanced manufacturing operations.

In particular, Jeonnam-Gwangju Special Metropolitan City is pursuing national industrial complex designation for the “Honam Semiconductor Cluster”, a large-scale semiconductor fab complex planned for the Jeonnam-Gwangju region. As large-scale semiconductor manufacturing facilities require a reliable and sustainable power supply, the development of the Jindo Integrated Cluster Phase 2 in the Jeonnam-Gwangju region is expected to serve as a key power source to meet that demand.

Seung-Ho Choe, Representative Director of Pacifico Energy Korea, stated: “This selection is an important milestone in building a large-scale offshore wind cluster in the Jeonnam-Gwangju region through cooperation between Jeonnam-Gwangju Special Metropolitan City, Jindo County, developers, and Pacifico Energy Korea. Pacifico Energy Korea plans to accelerate development of the Jindo Integrated Cluster Phase 2, comprising the Manho and Jindo Baram Projects, through continued investment.”

He added, “We will work with the region to ensure that renewable energy generated by the Jindo Integrated Cluster Phase 2 is stably supplied to advanced industries in Jeonnam-Gwangju, and to contribute to regional economic revitalization, job creation, and the development of the offshore wind industrial ecosystem.”