Project demonstrates mobilization of private financing for wind power projects in the region
28 May 2021 |
Chito Santiago
The Asian Development Bank (ADB) on May 27 announced the signing of a US$116 million green loan with three Vietnamese wind power companies, demonstrating its commitment to help the country forge a future for clean energy.
The three companies – Lien Lap Wind Power Joint Stock Company, Phong Huy Wind Power Joint Stock Company and Phong Nguyen Wind Power Joint Stock Company – will build and operate three 48-megawatt (MW) wind farms, for a total of 144MW, in Quang Tri province. The three companies are owned by Power Construction Joint Stock Company No 1 (PCC1) and RENOVA, and the projects will increase Vietnam’s wind power capacity by 30%, bolstering the country’s drive to boost its energy supply.
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Caso de víctima vietnamita de Agente Naranja acapara interés de prensa alemana | Sociedad
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Big-shot groups aim again for IPO success 13:39 | 20/04/2021
The vehicle arm of Vietnamâs biggest conglomerate, along with one of the countryâs newest airlines, are both pondering fundraising activities involving listing on the New York Stock Exchange â a first for any Vietnamese company after several aborted attempts in the past years.
Bamboo Airways is looking to raise $200 million with an IPO in the US. Photo: Duc Thanh
Last week investors were hoping to make a killing after VinFast â the automaker of Vietnamese behemoth Vingroup â was said to be considering an initial public offering (IPO) in the New York Stock Exchange (NYSE), which could raise as much as $2 billion.