BCPG acquires 25% stake in Nam Tai Power for $32 million for Laos-Vietnam transmission line

BCPG, through its subsidiary BCPG Indochina, acquired 25% of Nam Tai Power Sole Co. Ltd for up to $32 million, gaining 50% economic right to develop a 220kV transmission line from Laos to Vietnam.

“BCPG Indochina Company Limited... to acquire 25% common shares of Nam Tai Power Sole Co. Ltd... in the total amount of not exceeding 32 million US dollars.”bcpggroup.com

• 1 source
• bcpggroup.comBCPG to invest in cross-border transmission line system project in Laos, aiming for selling electricity from Laos to Vietnam | BCPGJan 12, 2022

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