Acen Corporation and the BIM Group announced that the companies' joint venture development, the 88 MW Ninh Thuan wind farm located in South Central Vietnam, received an innovative USD 107 million financing package from the Asian Development Bank (ADB) and parallel lenders in support of the plant's operations and the partners' common goal to aid the country reach its climate action targets. The project financing is arranged and syndicated by ADB as mandated lead arranger and bookrunner, with the lending group comprised of ADB, Japan International Cooperation Agency, Hong Kong Mortgage Corporation Limited, Sumitomo Mitsui Banking Corporation, ING Bank, and Cathay United Bank.
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- Acen Corporation and the BIM Group Receive USD 107 Million Financing Package from the Asian Development Bank and Parallel Lenders