Citibank and ING Bank, alongside with Export Credit Agency’s Korea Trade Insurance Corporation, K-SURE, and Swiss Export Risk Insurance, SERV (the “Lenders”), have closed a $521.5 million, 12-year supported financing loan for Petrovietnam Power Corporation (PV Power). This financing will support the completion of PV Power’s Nhon Trach 3 and 4 power plants, which are set to be Vietnam’s first liquefied natural gas (LNG) to electricity plants. In parallel with the ECA Financing, the Lenders […]
Category: Project Financing
VILAF is proud to have won three awards at the IFLR Asia Pacific Awards 2024 held on 20 March 2024 at the St. Regis Hong Kong, including: Vietnam Law Firm of the Year – for our outstanding deal track records in the year Equity Deal of the Year – J&T Express US$500 million IPO – this was the second largest IPO on the Hong Kong Stock Exchange in 2023 Project Finance Deal of the Year […]
VILAF has won Project Finance Deal of the Year at the ALB Southeast Asia Awards 2022 for its work on the Financing of Vung Ang 2 BOT Power Project at the 2022 ALB Southeast Asia Awards held at the Grand Hyatt Singapore on 25 May 2022. VILAF advised JBIC and other international lenders as Vietnamese law counsel in the US$1.8 billion financing of Vung Ang 2 BOT power project with a total capacity of 1,200 […]
Congratulations to B.Grimm Power team, the financing banks and all advisors of the deal for successfully completing this difficult concurrent demerger and financing of Dau Tieng 2 Project! VILAF has advised B.Grimm Power Public Company Limited (B.Grimm), one of Thai’s largest private power producers, in the demerger of Dau Tieng Tay Ninh Energy Joint Stock Company (DTE) to separate the 180MW Dau Tieng Tay Ninh Solar Project 1 (Dau Tieng 1 Project) from the 240MW […]