In July 2024, Leader Energy signed a VND593 billion ($23.13 million) green financing agreement with HSBC Bank (Vietnam) Ltd. to refinance Vinh Hao 6 (VH6), a 50MW solar power plant acquired by Leader Energy in 2023.

VH6 began commercial operations in 2019 and produces 83,000 MWh of electricity annually, hence capable of offsetting 75,131 tonnes of greenhouse gas emissions.

This partnership is a step forward in Leader Energy’s goal of expanding its renewable energy portfolio to over 500MW in Vietnam, reinforcing the country’s transition to a greener future.

Related links: 

• HSBC loans Malaysia’s Leader Energy $23.3 mln for Vietnam renewable energy portfolio – The Investor Vietnam, 8 July 2024 Read More
• Malaysia’s Leader Energy secures HSBC deal for its Vietnam portfolio – Vietnam Investment Review, 8 July 2024 Read More
• HSBC finances Malaysian company’s newly acquired solar project Vinh Hao 6 in Vietnam – VnEconomy, 8 July 2024 Read More
• HSBC lends $23m for Malaysian firm’s Vietnam solar project – Nikkei Asia, 9 July 2024 Read More
• HSBC lends Leader Energy to develop renewable energy in Vietnam – Voice of Vietnam. 9 July 2024 Read More
• HSBC finances Malaysian company’s newly acquired solar project Vinh Hao 6 in Vietnam – Deal Street Asia, 9 July 2024 Read More

#LeaderEnergy #SolarEnergy #GreenFinancing #HSBC #Vietnam

Photo courtesy of HSBC.