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ADB signs first financing to wind farms in Vietnam

The Asian Development Bank (ADB) has signed a $116 million green loan for three wind farms in the central Vietnamese province of Quang Tri, aiming to increase the Southeast Asian country’s wind power capacity by 30 per cent. ....

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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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ADB Signs $65 Million Loan to Sustain Fiji Airways' Services in the Pacific

ADB Signs $65 Million Loan to Sustain Fiji Airways’ Services in the Pacific
News Release | 12 March 2021
MANILA, PHILIPPINES (12 March 2021) The Asian Development Bank (ADB) has signed a $65 million COVID-19 Liquidity Support Facility for Fiji’s Air Pacific Limited, which operates as Fiji Airways and (through its wholly-owned subsidiary) Fiji Link, to help fund the company through the international travel downturn caused by the coronavirus disease (COVID-19) pandemic and to support its return to profitable operation.
The financing comprises a $40 million loan from ADB and a further $25 million loan from the Leading Asia’s Private Infrastructure Fund (LEAP), which will be administered by ADB. ....

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Fiji Airways signs US$65 million Liquidity Support Loan Facility with ADB

Fiji Airways signs US$65 million Liquidity Support Loan Facility with ADB
Fiji Airways signs US$65 million Liquidity Support Loan Facility with ADB
[Image: Supplied]
Fiji Airways today signed a US$65 million Liquidity Support Loan Facility with the Asian Development Bank.
The Support Facility is to help the airline cover operating costs and meet financial obligations while the travel demand remains non-existent due to the pandemic-induced border closures.
The financing comprises a $40 million loan from ADB and a further $25 million loan from the Leading Asia’s Private Infrastructure Fund, which will be administered by ADB.
Fiji Airways Managing Director and Chief Executive Officer Andre Viljoen says they are delighted to receive ADB’s financial support at this critical time. ....

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