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Mui Ne Wind Farm Phase I

Sector: Wind • Location: Vietnam

Source: World Bank Group

Project
Active

The project involves the construction and operation of Mui Ne Wind Farm, located at Binh Thuan province, Southeastern coast of Vietnam. The 1st phase of the project has a capacity of 40 MW and potential expansion can reach up to 170 MW. Sponsors are Philippines's Ayala Corporation via its energy platform AC Energy (62%) and The Blue Circle (TBC) (Singapore-headquartered company). The investment

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The project “Mui Ne Wind Farm Phase I” is an infrastructure initiative in the Wind sector, located in Vietnam. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project involves the construction and operation of Mui Ne Wind Farm, located at Binh Thuan province, Southeastern coast of Vietnam. The 1st phase of the project has a capacity of 40 MW and potential expansion can reach up to 170 MW. Sponsors are Philippines's Ayala Corporation via its energy platform AC Energy (62%) and The Blue Circle (TBC) (Singapore-headquartered company). The investment for the 1st phase is $ 92 million to be financed by debt and equity. Construction start was announced on 6 May 2019 and expected completion is in the 1st half of 2020. http://edge.pse.com.ph/openDiscViewer.do?edge_no=6f0a1152430fd010efdfc15ec263a54d#sthash.uxO7ERoO.gPKd67Xe.dpbs http://www.pds.com.ph/wp-content/uploads/2019/05/Disclosure-No.-1189-2019-Press-Release-AC-Energy-and-The-Blue-Circle-start-construction-of-170-MW-Wind-Farm-in-Vietnam.pdf

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