Nexif Energy just announced the successful closing of a share purchase transaction with shareholders of Song Giang Hydro Power Joint Stock Company where Nexif Energy has acquired 94% of the equity of the Song Giang Hydropower JSC, a company that owns two run-of-river hydropower projects in cascade on the same river totaling 49MW in the Khanh Hoa province of Vietnam.
The two projects are the 37 MW Song Giang 2 which has been operating since 2014 and the under construction 12 MW Song Giang 1 that is expected to be complete in the second quarter of 2021. Song Giang hydropower project will produce enough energy to power 74,000 households of Vietnam and will offset approximately 110,000 tonnes of carbon emissions annually. It will also directly and indirectly contribute to the economic development of the region in other meaningful ways.
Fast Capital Solution Joint Stock Company (“Fast Capital”) is the sell side financial and M&A advisor for this share purchase and sales transaction.
Mrs. Vuong Thi Huyen, Chairwoman of Fast Capital emphasized that “Fast Capital’s good understanding of Vietnamese market coupled with the strength of the deal team, each has over 20 years of experience and expertise in corporate finance and investment banking make the M&A transaction successfully and effectively”.
Fast Capital is a corporate finance advisory company with the management team comprising of seasoned corporate & investment bankers. Fast Capital provides debt financing arrangement advisory services, M&A advisory services to local and offshore corporate clients. The company has good partnerships and network with foreign investors to connect investment opportunities to local corporate clients in Vietnam. Fast Capital provides comprehensive and end to end financial advisory services to its clients with proper advices on deal structure whether it should be equity or debt, finding the right partners for local corporates and support our clients during the transaction execution including due diligence, documentation negotiation and fulfillment of conditions precedent until financial close. Fast Capital has been working with a number of local corporate and foreign direct invested clients to support them in raising financing for business expansion and optimizing financial costs.
For more information about Fast Capital Solution Joint Stock Company can be found at www.fastcapital.com.vn