T&T Group secures major capital through large-scale energy projects
T&T Group is attracting significant capital from commercial banks, international institutions, and state policy funds, driven by its ability to execute large-scale energy projects.
A key example is the Savan 1 wind power project in Savannakhet, Laos. The project’s first phase has already generated approximately $36.5 million in revenue during its first seven months of commercial operation. Once the full 495 MW project is completed, annual revenue is projected to reach nearly $97.3 million, providing roughly 1.4 billion kWh of clean electricity to the Vietnamese power system annually.
Financial support for the project has come from Military Bank (MB), which provided financing during the early stages. Additionally, T&T Group recently signed a framework agreement with the Vietnam Development Bank (VDB) to expand capital for priority investment sectors, facilitating further strategic infrastructure developments.
Entities
Laos · Military Bank · Savan 1 Wind Power Project · T&T Group · Vietnam Development Bank