Phu Lac 2 Wind Farm
Sector: Hydro • Location: Vietnam
Source: World Bank Group
The project entails the development of the 25.2MW second phase of the Phu Lac wind plant in Vietnam. The total investment is $ 42 million. Shareholders to the project company are REE Energy, a subsidiary of Refrigeration Electrical Engineering – 50%, Da Nhim-Ham Thuan-Da Mi Hydro – 20%, Thac Mo Hydro – 20%, Power Engineering Consulting 3 – 10%. Thuan Binh Wind Power (TBW) is the SPV formed for exe
- Status
- Prospective
- Sector
- Hydro, Wind, Power Generation (CCGT), Raw Materials, Commercial, Government
- Location
- Vietnam
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the development of the 25.2MW second phase of the Phu Lac wind plant in Vietnam. The total investment is $ 42 million. Shareholders to the project company are REE Energy, a subsidiary of Refrigeration Electrical Engineering – 50%, Da Nhim-Ham Thuan-Da Mi Hydro – 20%, Thac Mo Hydro – 20%, Power Engineering Consulting 3 – 10%. Thuan Binh Wind Power (TBW) is the SPV formed for execution of the project. The total amount of equity is $13.50 million. Debt provider is the International finance corporation, with $ 20 million granted to the sponsor of the project for the development of Phu Lac 2 and Loi Hai 2 projects. Debt to equity ratio is 67:33. Financial close took place on June 29, 2021. https://ijglobal.com/data/transaction/52921/phu-lac-2-wind-farm-252mw |
Original sector | Energy |
Budget |
Location
Country | Vietnam |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Hydro, Wind, Power Generation (CCGT), Raw Materials, Commercial, Government |
Article published date | 2024-06-07 |
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