Mega First has entered into binding agreement with several financial institutions for a total of US$150-million financing for the the 260 MW Don Sahong hydropower project in Laos.
Energy Finance & Investment News in Laos
Statkraft and Norfund have closed an agreement to swap shares in their jointly owned international hydropower assets.
GDF Suez has closed refinancing for the 150 MW Houay Ho cross-border hydropower project located in the Lao People’s Democratic Republic.
The Japan Bank for International Cooperation signed on September 3 a loan agreement totaling up to US$34.5 million with the Government of Lao PDR to enable the government to invest in Nam Ngiep 1 Power Company Limited (NNP1) through Lao Holding State Enterprise (LHSE), a state enterprise owned by the Government of Lao PDR. The loan will finance portion of equity the state had to add to the project.
The Asian Development Bank (ADB) is supporting a 290-megawatt hydropower project in the Lao People’s Democratic Republic (Lao PDR) under a public-private partnership arrangement.