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ADB provides $116mn loan to develop wind farms in Vietnam

The projects are expected to increase Vietnam’s wind power capacity by 30 percent ....

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ADB extends first financing to Vietnam's wind power project with green loan

Project demonstrates mobilization of private financing for wind power projects in the region
28 May 2021 |
Chito Santiago
The Asian Development Bank (ADB) on May 27 announced the signing of a US$116 million green loan with three Vietnamese wind power companies, demonstrating its commitment to help the country forge a future for clean energy.
The three companies – Lien Lap Wind Power Joint Stock Company, Phong Huy Wind Power Joint Stock Company and Phong Nguyen Wind Power Joint Stock Company – will build and operate three 48-megawatt (MW) wind farms, for a total of 144MW, in Quang Tri province. The three companies are owned by Power Construction Joint Stock Company No 1 (PCC1) and RENOVA, and the projects will increase Vietnam’s wind power capacity by 30%, bolstering the country’s drive to boost its energy supply. ....

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Asian Development Bank Signs Green Loan to Develop 144 Mega Watt Wind Farms in Viet Nam

MANILA, Philippines, May 28 The Asian Development Bank issued the following news release on May 27, 2021:The Asian Development Bank (ADB) signed a $116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and Phong Nguyen Wind Power Joint Stock Company (Phong Nguyen) to build and operate three ....

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ADB Signs Green Loan to Develop 144 MW Wind Farms in Viet Nam

News Release | 27 May 2021
MANILA, PHILIPPINES (27 May 2021) The Asian Development Bank (ADB) signed a $116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and Phong Nguyen Wind Power Joint Stock Company (Phong Nguyen) to build and operate three 48-megawatt (MW) wind farms, totaling 144 MW, in Quang Tri Province, Viet Nam. The project will increase Viet Nam’s wind power capacity by 30%, helping the country meet the rapidly growing demand for energy.
Lien Lap, Phong Huy, and Phong Nguyen are owned by Power Construction Joint Stock Company No.1 (PCC1) and RENOVA, Inc. ....

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BIS Launches Second Green Bond Fund For Central Banks

BIS Launches Second Green Bond Fund For Central Banks
Date
25/01/2021
The euro-denominated, open-ended green bond fund for central banks builds on the success of the first, US dollar-denominated green bond fund
The two funds belong to the BIS s green bond fund initiative and invest in high-quality bonds that comply with international green standards and finance environmentally friendly projects
The BIS and participating central banks are strongly committed to supporting environmentally responsible investment practices
The Bank for International Settlements (BIS) has launched a euro-denominated, open-ended fund for green bond investments by central banks and official institutions. The launch follows the successful introduction of a first BIS green bond fund denominated in US dollars in September 2019. Together, the two BIS green bond funds will manage some $2 billion in green bonds for central banks with the expectation that the funds will continue to ....

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