Vietnam Rooftop Solar

25 year PPA with Phong Phu – a listed Vietnamese high volume manufacturer of textiles - signed in April 2022
3-megawatt pilot project, consisting of over 4,500 solar panels and other ancillary components which has been installed across four factory roofs in Vietnam and covers a total area of 16,120 square metres
Project delivered on time and on budget
Currently delivering electrical power which is being consumed on site by Phong Phu Corporation
Contributes net cash flows to the Group of approximately $0.3m per annum
Two further projects have been announced by Coro, heads of terms for 50MW, and an acquisition yet to complete of 2.39MW
Due diligence and technical assessments underway with regards to potential clients and locations for additional rooftop solar projects

Portfolio