US$43.6 million acquisition of 49% stake in clean energy vision development joint stock company by Leader Energy

A&G News 21 March 2022

Allen & Gledhill (Vietnam), as transaction counsel, advised Leader Energy Pte. Ltd. (“Leader”) on its US$43.6 million investment to acquire a 49% stake in Clean Energy Vision Development Joint Stock Company, which is developing three solar projects in Vietnam with a total capacity of 330 MW in Binh Dinh Province, Vietnam. The investment was made by way of conversion of existing bonds held by Leader issued by the target.

Advising Leader was Allen & Gledhill (Vietnam) Managing Partner Oh Hsiu-Hau.