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Mainstream grows footprint in Vietnam with acquisition of 80% of solar portfolio

6/28/2021

Press release - Mainstream Renewable Power Mainstream Renewable Power, the global wind and solar company, has signed an agreement to acquire an 80 per cent shareholding in Technology and Development Joint Stock Company Limited (D&T), which is developing a 405 MW portfolio of solar projects in the Dak Nong province of central Vietnam. The portfolio of three projects, which is included in the Vietnam Government’s Power Development Plan 7 (PDP 7) has been in development since 2019 and is expected to reach financial close in 2022. This deal marks the latest indication of Mainstream’s continued role as an enabler of renewable electrification in Vietnam. It follows the 2020 agreement with

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