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Nexif Ratch Energy Strengthens Vietnam Project Portfolio with Van Canh Wind Power Project

Strategic Insights

— 2 min read

Nexif Ratch Energy, a leading Southeast Asian renewable energy developer, has secured the Investment Certificate for the 143MW Van Canh Wind Power Project in Vietnam. The award was presented during the Gia Lai Investment Conference, where senior central and provincial leaders, including Mr. Ho Quoc Dung, Secretary of the Gia Lai Provincial Party Committee, were in attendance. This development further demonstrates Nexif Ratch's ability to harness Vietnam's rich renewable resources while delivering sustainable energy to communities and industries.

Key Takeaways:

  • Nexif Ratch Energy has been awarded the Investment Certificate for the 143MW Van Canh Wind Power Project in Vietnam.
  • The project is located in Canh Lien commune and will feature up to 26 wind turbines with an investment of VND 5.7 trillion (US$ 216 million).
  • The project is expected to generate approximately 392 million kWh of energy annually when commissioned in 2028.
  • The project is part of Vietnam's Power Development Plan VIII (Decision No. 1682, 2024) and was awarded after Nexif Ratch's collaboration with provincial authorities, wind assessments, and a signing of the Memorandum of Understanding in March 2024.
  • Cyril Dissescou, CEO of Nexif Ratch Energy, stated that the award marks a significant step forward for the company, and that they appreciate the clear coordination from the provincial authorities.
  • Matt Bartley, Chairman of the Development Committee of Nexif Ratch Energy, noted that the award reflects the strengths and agility of the local development team, who have navigated evolving regulatory requirements and government restructuring to secure the project.
  • The Van Canh Wind Power Project underscores Nexif Ratch Energy's strategy of identifying and developing transformative renewable energy projects in Vietnam, supporting the country's green energy ambitions.

About Nexif Ratch Energy

  • Nexif Ratch Energy is a leading renewable energy company focused on the development, acquisition, construction, and operation of clean-energy projects across the Asia Pacific region.
  • The company has a portfolio of 378 MW of operating, under-construction, and shovel-ready hydro, solar, and wind energy assets.
  • Nexif Ratch Energy has a development pipeline totaling 2.5 GW across wind, solar, and energy storage projects.
  • The company is jointly owned by Nexif Energy (Singapore) with a 51% stake and RATCH Group (Thailand) with a 49% stake.

Statistics:

  • The Van Canh Wind Power Project has an investment of VND 5.7 trillion (US$ 216 million).
  • The project will generate approximately 392 million kWh of energy annually when commissioned in 2028.
  • Nexif Ratch Energy has a portfolio of 378 MW of operating, under-construction, and shovel-ready hydro, solar, and wind energy assets.
  • The company has a development pipeline totaling 2.5 GW across wind, solar, and energy storage projects.

Sources:

  • GlobeNewswire (MIL-OSI) - "Nexif Ratch Energy Strengthens Vietnam Project Portfolio with Van Canh Wind Power Project"
  • Nexif Ratch Energy communications@nexifratch.com
  • GlobeNewswire - https://www.globenewswire.com/NewsRoom/AttachmentNg/d8f353d3-5951-41e6-a03c-ffe82b351517
  • The MIL Network (http://milnz.co.nz/mil-osi-aggregation/) - Copyright 2025 Multimedia Investments Ltd, distributed by Contify.com

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