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Pacifico Energy Pledges Trillion-Won Offshore Wind Investment

U.S. energy infrastructure company Pacifico Energy is moving to build a clean energy supply chain for South Korea’s advanced industries. The investment is aimed at supporting future industries with large-scale power needs, including semiconductors and artificial intelligence data centers.Pacifico En

Pacifico Energy, a U.S. energy infrastructure company, has pledged a trillion-won investment in offshore wind projects in South Korea. The funds will be allocated to the Manho Offshore Wind project (990 MW) and the Jindo Baram Offshore Wind project (1.8 GW), both part of the 3.2 GW Jindo offshore wind cluster. This investment aims to support future industries with high power demands, such as semiconductors and AI data centers, ensuring a stable supply of clean energy for these sectors.

Pacifico Energy also plans to develop the 7.65 GW "Gigawatt Ranch" data center campus in the United States, which was acquired by Amazon and designed for hyperscale data centers and AI applications.

Brief written by urgent.news from BusinessKorea's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at businesskorea.co.kr →

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Experts: Nigerian Airlines Can Generate $1bn Annually from Developed West/Central African Destinations

Chinedu Eze Aviation experts are of the view that Nigerian airlines are looking at rekindling the viable air travel market across West and Central Africa, projecting that it can generate

  • Nigerian airlines could generate $1bn annually in West/Central Africa.
  • Air travel demand in region grew 6.4% year-on-year, outpacing global average.
  • Europe is primary international destination for West/Central African travelers.

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