Brief: Aker Horizons: Mainstream Renewable Power Secures Investment Decision For Offshore Wind Project In Vietnam

Aker Horizons ASA

12/11/2021 09:58

Nov 12 (Reuters) - Aker Horizons ASA  AKH.OL :
    * MAINSTREAM RENEWABLE POWER SECURES INVESTMENT DECISION
FROM
PROVINCIAL GOVERNMENT FOR FLAGSHIP OFFSHORE WIND PROJECT IN
VIETNAM
    * PROJECT IS JOINT VENTURE BETWEEN MAINSTREAM AND PHU CUONG
GROUP,
WITH MAINSTREAM OWNING 70 PERCENT OF ASSET, PHU CUONG GROUP
OWNING 30 PERCENT
    * PROJECT IS ANTICIPATED TO REACH FINANCIAL CLOSE IN 2022,
ENABLING FIRST POWER TO COMMENCE AS EARLY AS 2023

Source text for Eikon:  ID:nPNAc8p1ya 
Further company coverage:  AKH.OL 

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