Pacifico Energy Vietnam (‘PEV’), the Vietnam-based development platform of Pacifico Energy Group (‘PEG’), a leading global energy infrastructure developer, announced the closing of up to $28.5 million in senior debt financing from Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) for its utility-scale Sunpro Wind Farm project.
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This is PEG’s second power project in Vietnam and a pivotal step in the company’s expansion in Vietnam.
The 30 MW wind farm, located in Vinh Long province in Vietnam’s Mekong Delta, is expected to generate 89.5 GWh of electricity annually – roughly a 10 MW 24/7 equivalent load. This amount of power production is equal to about a month of Vinh Long province’s electricity use. The project uses seven Goldwind turbines and is preparing for commercial operation by the end of Q3 2025 under a signed power purchase agreement with Electricity of Vietnam (‘EVN’). On an average day, Sunpro will produce 245 MWh – enough to fully charge five 50-MWh grid batteries.
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