Mitsubishi to invest in 600 MW wind project in Dak Cheung and Sanxay

Mitsubishi Corporation (MC) has reached an agreement to invest in Impact Energy Asia Development Limited (IEAD), the developer of a 600 MW capacity onshore wind farm project in Laos. MC will invest through an intermediate holding company together with a group company of Impact Electrons Siam Co., Ltd. in Thailand. The initiative is being executed through Diamond Generating Asia, Limited (DGA), MC’s wholly-owned subsidiary in Hong Kong.

The onshore wind farm will be located in Sekong and Attapeu Provinces in southern Laos. The wind farm will be the first wind farm in Laos and the largest in South East Asia. By installing a dedicated power transmission line to Vietnam, power from the wind farm is planned to be sold to Vietnam Electricity, a state-owned electric power company in Vietnam, for 25 years.