French bank named financial adviser for Ke Ga wind power project

20/05/2019 17:00:44 - views: 57

French bank Société Générale has been chosen to be the financial adviser for the initial phase of the Ke Ga offshore wind power project – the world’s biggest project of its kind at present.

The Ke Ga offshore wind power project is expected to have total capacity of 3,400MW - Illustative photo: VNA
An agreement on this effect was recently inked between the UK’s Enterprize Energy – the project’s investor – and Société Générale.
The Ke Ga offshore wind power project is planned to cover 2, of water surface about 20 – 50km from the coast of the south central province of Binh Thuan. It is expected to have total capacity of 3,400MW.
Founder and Chairman of Enterprize Energy Itan Hatton said to help accelerate the provision of low-cost energy from offshore wind power for Vietnam, his firm has invited Société Générale to act as the strategic adviser right from the initial stage of the project.
Allan Baker, Global Head of Power Advisory & Project Finance at Société Générale, said the Ke Ga project is critical to the energy structure transfer in Vietnam, and it will help turn the country into an important offshore wind power hub in the region.
In this project, the Vietnam-Russia oil and gas joint venture (Vietsovpetro) and the Vietnam-based Petroleum Equipment Assembly & Metal Structure JSC (PVC-MS) have been selected to design and manufacture offshore facilities. 
Meanwhile, Mitsubishi Vestas Offshore Wind, a joint venture of Vetas Wind System A/S and Mitsubishi Heavy Industries Ltd., will supply wind turbines.
Source: VEN

 Gửi ý kiến phản hồi

Họ và tên Email
Tiêu đề Mã xác nhận


ASEAN Sustainable Energy Week 2019 kicks off in Bangkok

Cập nhật 06/06/2019

For those interested in energy technology, the Bangkok International Trade and Exhibition Centre (BITEC)...


EVN restructures the dependent accounting units

Cập nhật 07/11/2018

The Prime Minister has just directed Electricity of Vietnam (EVN) to restructure, reorganize and...


Over 7.3 trillion VND for power grid in central, Central Highlands regions

Cập nhật 02/04/2019

The Electricity Vietnam’s Central Power Corporation (EVNCPC) has announced that it plans to invest...


EVN HANOI works to prevent power cuts during high school exams

Cập nhật 21/06/2019

The Hà Nội Electricity Corporation (EVN HANOI) has announced it will not cut or reduce the power supply...


Efforts under way to ensure power supply for the south

Cập nhật 28/05/2019

Due to a power source imbalance, the southern region of Vietnam will be at risk of power shortages, which...