Anma Offshore Wind Farm
Located off Anma Island, Yellow Sea, South Jeolla. JNDC leading; KHNP, Hyundai E&C and Equis participating.
Status
On Holdlifecycle stage
FragileHafrok completion outlook
Ownership
EDEquis Development Pte. Ltd. — 78.09% ◆
HIHoban Industries — 6.64% ◆
KDKorea Development Bank — 6.13% ◆
CWCS Wind — 4.38% ◆
DADaemyung Energy — 4.11% ◆
DGDaemyung GEC — 0.65% ◆
Location
South KoreaYellow Sea
Technology
Capacity
532 MW ◇
Turbines
—
Foundation
—
Site & conditions
Site rights
Application filed ◇
Water depth
16–30 m ≈
Wind speed
7.5 m/s @ 150 m ≈
Revenue & grid
Offtake
Certificate ◇
Grid
—
Schedule
FID
Not taken
COD · announced
2029 ◇
COD · Hafrok
—
Delivery outlook modelled by Hafrok · calibrated on delivered projects
—
on hold — no credible date; the chart shows when a restarted project might complete
The developer's last guidance was 2029 · not treated as a schedule while the project is on hold
Chance of delivery
≈15%
estimated chance this project reaches commercial operation
Projects put on hold complete ≈15% of the time on Hafrok's record. A secured offtake contract lifts this one slightly; a market with a thinner delivery record, its size and technical complexity pull a little the other way. Only a restart would change that — there is no dated schedule to judge against.
COD outlook
If it completes, when — Hafrok’s probability by year (teal)
| Year | Probability |
|---|---|
| 2030 | 20.0% |
| 2031 | 20.0% |
| 2032 | 20.0% |
| 2033 | 20.0% |
| 2034 | 20.0% |
How Hafrok got this date
1
On hold — no dated schedule
The project is recorded as On Hold, so no sequence of milestones can be trusted. Hafrok publishes no expected year; the chart instead spreads the remaining chance of completion over the years a restarted project might finish in.
2
Chance of delivery — separate from timing
Start from the share of On Hold projects that went on to complete — ≈15%, measured on Hafrok's record of delivered and abandoned projects, with an allowance held back where that record cannot yet speak (projects still unresolved, changed market conditions). Historically only a minority of projects put on hold returned to delivery — the estimate reflects that. Then adjust for this project's own evidence — offtake, market, size, technical complexity — to ≈15%, which rates it
Fragile on Hafrok's four-step delivery scale (Delivering · Expected · Prospective · Fragile).Revenue & offtake contract duration and price levels · money of the day
532 MW contracted — utility PPA
● Utility PPA · South Korea 2024 Wind Fixed-Price Auction — fixed-bottom + floating offshore
Priceprice undisclosed ·Capacity532 MWAwardedDec 2024Term20 yrs
Installation how the build is going · from satellite counts and Hafrok’s registers
Installation not started
nothing to count yet: the satellite tracker begins when offshore construction does
Installation · on record
StageOn Hold
Offshore constructionnot started
Expected start of operation2029
Sources & verification
1/11 fields verified · rests on 9 sources · ◆ 4 documents held
◆Verified≈Modelled◇Sourced∴Inferred⌁Convention○Unverified∅No source·Derived
Numbers are stable citation ids — grouped by source class, so they are not consecutive.
Auction results1
[14]
Shin and Kim2026-06-22◆ kr-rps-wind-2024-kr-rps-terms
Korea RPS fixed-price offshore: completion-period bands 60/72/78 months; REC-price cut / cancellation on miss
supportsUtility PPA · South Korea 2024 Wind Fixed-Price Auction — fixed-bottom + floating offshore
Trade press7
[2]
Offshore Wind (Navingo)2024-12◆ South Korea Awards Nearly 1.9 GW of Offs…
Press report — cited, not quoted; read it at the source link.
supportsTotal capacityMechanismDetail
[5]
Maritime Executive2026◆ Military Permit Derails South Korea’s An…
Press report — cited, not quoted; read it at the source link.
supportsConsentCommercial operationSite rights
[6]
Seoul Economic Daily2026-04
“As of the end of last year, the ownership structure of Anma Offshore Wind was Equis (78.09%), Hoban Industries (6.64%), Korea Development Bank (6.13%), CS Wind (4.38%), Daemyung Energy (4.11%), and Da…”
supportsoperatorinvestor
[7]
[8]
Offshore Wind Biz2024
Press report — cited, not quoted; read it at the source link.
supportsTotal capacity
[9]
[10]
Unverified import1
[1]