GreenYellow Asia Wins “Vietnam Renewable Energy Deal of the Year” Award
GreenYellow Asia is proud to announce its win of the “Vietnam Renewable Energy Deal of the Year” award at The Asset Triple A Sustainable Infrastructure Awards 2024.
Asian Development Bank (ADB) and GreenYellow were honored to receive an award for their partnership to develop rooftop solar installations for commercial and industrial businesses in Vietnam. The $13.8 million deal is the first that ADB has financed for the commercial and industrial (C&I) segment in Vietnam.
A Strategic Partnership for Energy Transition
In 2023, GreenYellow and the Asian Development Bank signed a $13.8 million loan agreement for rooftop photovoltaic systems. This agreement is in line with the Group’s mission to generate green electricity and contribute to the energy transition. These solar rooftops offer the possibility of deploying large quantities of reliable, low-cost renewable energy for our clients in Vietnam.
The loan will support GreenYellow’s ambitious growth strategy in Vietnam by financing the development and operation of rooftop photovoltaic systems for commercial and industrial enterprises across the country.
A Strong Commitment to Accelerating Energy Transition
This award reflects GreenYellow’s commitment to accelerating the energy transition and our positioning as our clients’ energy partner. As a committed gas pedal of the energy transition, GreenYellow continues to promote sustainable solutions and supports its clients in their low-carbon trajectory.
For more information on this partnership and GreenYellow’s energy sustainability initiatives, see the dedicated article.
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