Lotus Wind Power Project #46380
Created at
2024-10-30
Last update
2025-05-16
8 Parents (Involvements as child)
ID
Name
RENOVA Inc.
Country of registration/origin
Japan
Classification
Private company
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
40.00 %
Loan amount
32 000 000
$
Loan date
2021-12-31
Comment
40% ownership in project companies.
ID
Name
PC1 Group Joint Stock Company (PCC1)
Country of registration/origin
Vietnam
Classification
Stock-exchange listed company
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
60.00 %
Loan amount
48 000 000
$
Loan date
2021-12-31
Comment
Local Sponsor of Lotus Wind Farm - Majority shareholder (60%). Led project development and local permits.
ID
Name
Asian Development Bank (ADB)
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Parent relation
Joint venture of parent companies
Investment type
Debt financing
Loan amount
35 000 000
$
Loan date
2021-05-27
Comment
Anchor lender; arranged and managed the full financing structure.
ID
Name
The Export-Import Bank of China
Country of registration/origin
China
Classification
Other
Relationship
Tertiary investor/lender
Parent relation
Joint venture of parent companies
Investment type
Debt financing
Loan date
2021-05-27
Comment
B-loan participant via ADB - Participated in ADB-arranged syndicated loan.
ID
Name
Société Générale
Country of registration/origin
Singapore
Classification
Commercial Bank
Relationship
Tertiary investor/lender
Parent relation
Joint venture of parent companies
Investment type
Debt financing
Loan date
2021-05-27
Comment
B-loan participant via ADB - Participated in green loan syndication.
ID
Name
Triodos Groenfonds
Country of registration/origin
Netherlands
Classification
Investment Bank
Relationship
Tertiary investor/lender
Parent relation
Joint venture of parent companies
Investment type
Debt financing
Loan date
2021-05-27
Comment
Debt (B-loan)
Green finance investor; supported the project’s ESG goals.
ID
Name
Japanese International Cooperation Agency (JICA)
Country of registration/origin
Japan
Classification
State-/government (owned) company
Relationship
Tertiary investor/lender
Parent relation
Joint venture of parent companies
Investment type
Debt financing
Loan amount
25 000 000
$
Loan date
2021-05-27
Comment
Direct co-lender with ADB; bilateral climate finance.
ID
Name
Export Finance Australia
Country of registration/origin
Australia
Classification
Commercial Bank
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
8 000 000
$
Loan date
2021-05-27
Comment
Export finance supporting Australian involvement in supply chain.
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Vietnam
Current intention of investment
Wind farm
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
120 ha