# 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.

- Type: Acquisition
- Announced: 2021-12-31
- Where: Laos, Laos
- Value: $32.0M
- Status: announced
- Products: 220kV transmission line system, substation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [BCPG](https://endata.com/companies/48795.md) (acquirer)
- [Nam Tai Power Sole Co.](https://endata.com/companies/60285.md) (target)
- [Phongsubthavy Group Sole Co.](https://endata.com/companies/60286.md) (partner)

## Sources

- [bcpggroup.com](https://www.bcpggroup.com/en/newsroom/news/135/bcpg-to-invest-in-cross-border-transmission-line-system-project-in-laos-aiming-for-selling-electricity-from-laos-to-vietnam), 2022-01-12: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.