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 totalling 49MW in the Khanh Hoa province of Vietnam. The two projects are the 37 MW Song Giang 2 which has been operating since December 2014 and the under construction 12 MW Song Giang 1 that is expected to be complete in the second quarter of 2021

The People’s Committee of Bến Tre has approved the proposal of Nexif Energy, an independent power producer in Asia and Australia, to develop a wind power project with 80MW capacity in the southern province.