Solar Power

Vietnam

Phu My District, Binh Dinh Province, South-Central Vietnam

Clean Energy Vision Development 330MWp Solar Powerplant Portfolio – Phu My 2 (110MWp)

 

LEADER ENERGY through its wholly owned subsidiary, Leader Energy (Vietnam) Pte. Ltd., entered into a convertible bond subscription agreement on 5th December 2020 for USD43.6million (VND 1,018billion) with local Vietnamese power developers, Clean Energy Vision Joint Stock Company JSC and Bamboo Capital Group Energy JSC.

The convertible bond agreement for joint equity investment of the 330MWp Phu My 1 – 3 solar power developments, is LEADER ENERGY’s first foray into the rapidly growing solar power segment in Vietnam. These ground-mounted solar projects are located in Binh Dinh Province, South-Central Vietnam and had successfully commissioned a total of 216MWp during end December 2020. The balance of 114MWp target to be commissioned by end June 2021.

Plant Capacity
110MWp
Ownership Structure
Convertible Bond Subscription
Type of Power Plant
Solar Photo-voltaic
Main Equipment
Solar Panels: Jinko, Trina & Seraphim, Inverter: SinEng
Location
Phu My District, Binh Dinh Province, South-Central Vietnam
Total Contracted Capacity
110MWp
COD
100% Commissioned since       31st December 2020
Terms of PPA
20 years
Shareholding
49% by LEVPL / Leader Energy