Deal #10162 Version 91299 Version 91839
Intention of investment
  • [current] Renewable energy unspecified
  • [2011-11, current] Wind farm
Comment on implementation status
The construction of the wind farm commenced in April 2023. The project has begun installing wind power turbines. The facility is expected to start commercial operations in 2025.
The construction of the wind farm commenced in April 2023. The project has begun installing wind power turbines. The facility is expected to start commercial operations in 2025.
Actors involved in the negotiation / admission process
  • Vietnam Electricity (β€œEVN”) Government / state institutions (government, ministries, departments, agencies etc.)
Comment on investment chain
This company was established by a group of companies including Impact Energy Asia Development Limited (IEAD) for 85% and SMP Group for 15%. For IEAD is now 55% owned by a joint venture between IES (31%) and Mitsubishi (24%), and 45% owned by an affiliate of BCPG PCL. The project got the loan from AIIB of USD72.55 million) and the rest of loan is from the sponsor and other financial institutions including ADB and Japan International Cooperation Agency (JICA).
This company was established by a group of companies including Impact Energy Asia Development Limited (IEAD) for 85% and SMP Group for 15%. For IEAD is now 55% owned by a joint venture between IES (31%) and Mitsubishi (24%), and 45% owned by an affiliate of BCPG PCL. The project got the loan from AIIB of USD72.55 million) and the rest of loan is from the sponsor and other financial institutions including ADB and Japan International Cooperation Agency (JICA).
Electricity generation
  • [2025, current] On-shore wind turbines 1000 ha 100 %
    Number of turbines: 133 Intended capacity: 600 MW
Comment on electricity generation
Not in operation yet but the numbers are the projected trunout for the project
Comment on use of produce
The generated electricity is expected to be sold to Vietnam Electricity (EVN)
The Project will deliver the generated renewable energy to Central Vietnam through its 500kV transmission line.