Invest Gains Viet Nam Co., Ltd., Coro's partner in Vietnam which is inclusive of Vinh Phuc Energy, has agreed to sell 7.5% of its 15% equity interest in Coro Renewables in Vietnam.
The company increased its equity interest in its Vietnamese venture from 85% to 92.5%. This was done in anticipation of and in preparation for the rollout of the recently announced 50 MW rooftop solar project in Vietnam. The consideration for this transaction is up to approximately US$290,000. This transaction will increase Coro's equity in the Vietnamese business and align its partners with Coro's shareholders.
The Asian Development Bank (ADB) and the Global Energy Alliance for People and Planet (GEAPP) have announced a US$35 million contribution to assist the energy transition and expand energy access in So...
Read moreJERA 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...
Read moreAFRY has been awarded an owner’s engineering service assignment for the development of the 48 MW Huong Hoa 1 onshore wind project located in Quang Tri province in Vietnam. The projec...
Read moreSUSI Partners, through its Asia Energy Transition Fund (SAETF), has launched a platform for the development of utility-scale renewable energy assets in the Philippines, Vietnam, Indonesia, Cambodia, a...
Read moreThe Japan International Cooperation Agency (JICA) has closed a US$25 million loan with BIM Energy Holding Corporation, a unit of the BIM Group Joint Stock Company, and ACEN Vietnam Investments Pt...
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