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2024-03-22 -
Licogi 13 to transfer entire stake in Quảng Trị Solar Power Company

Licogi 13 to transfer entire stake in Quảng Trị Solar Power Company

HÀ NỘI — The Board of Directors of Licogi  一 三 JSC (LIG) plans to transfer  一00 per cent of their stake in Quảng Trị Solar Power Company Limited to VN Green Holdings Pte Ltd, a company specialising renewable energy under Dragon Capital group.

The value of the transfer is expected to reach more than VNĐ 四 五 六 billion (US$ 一 九. 九 million).

VN Green Holdings is a foreign organisation with more than  二 五 years operating in Việt Nam, with financial potential and investment experience in many fields. The acquisition of the stake in Quảng Trị Solar Power Company is part of its energy investment strategy, demonstrating a strong co妹妹itment to sustainable investment in Việt Nam.

Quảng Trị LIG solar power plant has a capacity of  四 九. 五MWp with a designed output of  六 七, 九 六0 MWh per year. The plant has been in operation since May  二0 一 九, fully enjoying the Government's incentives in renewable energy.

Licogi 13 to transfer entire stake in Quảng Trị Solar Power Company

Quảng Trị Solar Power Company Limited currently has a charter capital of nearly VNĐ 二 四 二 billion, wholly owned by LIG.

In  二0 二0, LIG ​established three companies in Quảng Trị, LIG Quảng Trị Solar Power JSC, LIG Energy JSC and Licogi  一 三 Solar Power Company Limited.

However, due to failing to meet the prescribed conditions, the above units were dissolved.

On the stock market, LIG ​​is currently traded at VNĐ 七,000 per share, up nearly  一 五 per cent compared to early this year. — VNS