Norwegian renewable energy company Scatec has announced its decision to sell a wind plant in Vietnam to SUSI Asia Energy Transition Fund. The wind plant, located in the southern part of Vietnam, is part of Scatec’s efforts to expand its renewable energy portfolio in the region.
The sale of the wind plant is in line with Scatec’s strategy to focus on developing and constructing renewable energy projects, while partnering with investors to help finance and operate them. The company has a strong track record in developing solar, wind, and hydropower projects across the globe.
SUSI Asia Energy Transition Fund, a sustainable infrastructure investment fund, aims to support the transition to clean energy in Asia. The acquisition of the wind plant in Vietnam aligns with the fund’s mission to invest in renewable energy projects that contribute to reducing carbon emissions and promoting sustainable development.
The sale of the wind plant signifies a step forward in the collaboration between Scatec and SUSI Asia Energy Transition Fund to accelerate the shift towards clean energy in Vietnam. Both companies are committed to driving the energy transition in the region and contributing to a more sustainable future.