Nam Dinh 1 signs Sinosure-backed loan

In:

Power

Region:

Asia-Pacific

By Max Thompson

ACWA Power and Taekwang Power signed a $1.89 billion Sinosure-backed loan to finance construction of the $2.52 billion 1.2GW Nam Dinh 1 coal-fired power plant in Vietnam on 18 December 2019. Financial close is expected imminently and the sponsors are said to be near to securing a power purchase...

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