Operational Onshore Wind Farm

This opportunity involves the acquisition of a fully operational onshore wind project located in Binh Dinh Province, Vietnam, with a commercial operation date (COD) of December 2020. The facility generates power under a 20-year Power Purchase Agreement (PPA) with EVN at a fixed tariff of USD 8.5 cents/kWh, providing stable, long-term contracted cash flows. The project benefits from a strong wind resource averaging 6.3 m/s, underpinning reliable generation output over the asset’s operational life.

The stake on offer ranges from 51% to 100%, providing flexibility for acquirers seeking either a controlling interest or full ownership. The asset represents a rare entry point into Vietnam’s renewable energy sector with an already-operational project, removing construction and grid connection risk from the equation.

Beyond the core asset, the opportunity includes access to a greenfield wind pipeline totalling 200MW across two additional projects — 100MW in Da Nang and 100MW in Can Tho — both aligned with Vietnam’s Power Development Plan 8 (PDP8). This pipeline offers a compelling platform for investors seeking to build scale in Southeast Asia’s fastest-growing renewable energy market.