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 Electricity Joint Stock Company (GEC).
GEC is the owner and operator of about 600 MW of hydroelectric, solar photovoltaic, and wind energy projects.
The acquisition is expected to be completed after the necessary regulatory approvals.
Country updates
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July 26, 2022
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NovaWind, a wind power unit of Rosatom, has signed a cooperation agreement with An Xuan Energy for the development of the 128 MW wind farm located in the Son Lang province of Vietnam. An X...
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Scatec refinances 39.4 MW Dam Nai wind project in Ninh Thuan
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