Gia Lai Electricity Joint Stock Company (GEC)

Company description

Gia Lai Electricity JSC (GEC), founded in 1989, is one of Vietnam’s largest private-sector independent small hydroelectric power producers. GEC owns and operates 15 existing hydro power projects (HPPs) totaling 84 MW in installed capacity. The majority of GEC’s portfolio is small hydro power projects, ranging from 0.3 MW to 16 MW. It has around 278 staff.

Company details

City:
Gia Lai Province
Address:
114 Truong Chinh, Phu Dong Ward, Pleiku City, Gia Lai Province, Vietnam

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • March 27, 2023

    JERA concludes acquisition of minority stake in in Gia Lai Electricity Joint Stock Company

    JERA Co. Inc. has completed the acquisition of a 35.1% stake in Gia Lai Electricity JSC (GEC) from the energy development arm of TTC Group. The acquisition was made through a full buy-out of the GEC s...

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  • August 19, 2022

    JERA invests in Gia Lai Electricity JSC

    JERA Co., Inc. has secured a share purchase agreement with International Finance Corporation (IFC) and Armstrong S.E. Asia Clean Energy Fund Pte. Ltd in order to buy a 35.1% stake in Gia Lai Electrici...

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  • July 04, 2016

    IFC and Armstrong invest in Vietnamese local hydropower developer

    The International Finance Corporation (IFC) is supporting Vietnam’s renewable energy sector by investing in Gia Lai Electricity Joint Stock Company (GEC), a developer/operator of run-of-river small hy...

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