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New Deal


Announced

Mitsubishi to invest in Impact Energy Asia Development.

Synopsis

Mitsubishi agreed to invest in Impact Energy Asia Development, a 600-MW onshore wind farm project developer. Financial terms were not disclosed. To be located in Sekong and Attapeu provinces in southern Laos, the wind farm will be the first in Laos and the largest in South East Asia. It is planned to sell electricity to Vietnam's state-owned Vietnam Electricity over 25 years by means of a dedicated power transmission line.

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