Actis Energy Fund 5 to invest in power generation business
Actis has announced the launch of Bridgin Power, a power generation business intended to pursue gas-fired power projects and focus on delivering an equitable Energy Transition in Southeast Asia.
Bridgin Power is targeting a total portfolio capacity of 1.2 GWs across the region by 2028. The business is being funded by Actis Energy Fund 5. The US$6 billion fund focuses on investing in Energy Transition.
The first investment for Bridgin is a 49% shareholding in a 220MW Combined Cycle Gas Turbine project in the Bhola region of Bangladesh.
Country updates
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April 19, 2022
RFEOI launched for Gazaria 50MW solar PV plant PPP project in Munshiganj
Rural Power Company Limited in Bangladesh has launched a request for expression of interest (RFEOI) seeking a private partner to enter into a joint venture (JV) for the implementation of the Gazaria s...
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January 12, 2022
Bangladesh approves another two solar projects with 120 MW total capacity
The Bangladeshi cabinet committee on government purchase has approved the installation of two solar plants totaling 120 megawatt capacity. By approving two proposals, the committee gave the Banglades...
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January 06, 2022
Consortium to build 70 MW solar project in Pabna
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October 29, 2021
Bangladesh-China Renewable Energy Company seeks EPC contractor for 60 MW solar project in Pabna
The joint venture company of Bangladesh Power Development Board and China National Machinery Import and Export Corp, Bangladesh-China Renewable Energy Company (Pvt) Ltd, has launched a tende...
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October 18, 2021
Beximco awards contracts for 280 MW Sundarganj solar project in Gaidandha district
Bangladesh Export Import Company Ltd (Beximco Ltd), the largest private-sector group in Bangladesh, has awarded the contracts for the development of a 280 MWp solar utility-scale power plant in Sundar...
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