ThomasLloyd Energy Impact Trust Public Limited Company (TLEP) has signed an investment agreement with Solar Electric Vietnam (SEV) for an initial spending of USD30 million on renewable energy assets in Vietnam. The investment deal includes the purchase of renewable energy assets already owned, controlled or identified by SEV or originated by investment manager ThomasLloyd Global Asset Management (Americas) LLC. It includes a right of first refusal for TLEI in relation to new construction-ready projects or operational assets developed by SEV.
Additional investment opportunities in Vietnam have also been identified, including a 19-MWp rooftop solar portfolio currently under exclusivity to TLEI.