Duane Morris Vietnam has been retained by Trading Construction Works Organization ("WTO") to advise and assist them in the development of the 350 MW intertidal Ca Mau 1 Wind Farm, one of the largest offshore wind power projects in Vietnam.
Duane Morris Vietnam assisted WTO in the preparation, negotiation and execution of the EPC Contract between our client and China Gezhouba Group Company ("CGGC"). On 11 November 2020, WTO and CGGC signed the EPC Contract, marking the first large-scale intertidal wind power project signed by CGGC in Southeast Asia. Photo from the signing ceremony can be found here:
The project, located off Ca Mau Province, will add about 1.1 billion kWh to Vietnam's electricity network each year.
The cross-border Turbine Supply Agreement was signed on 11th December. Currently, Duane Morris Vietnam is advising WTO on the execution of other key documents for the project.
For more information on the above, please do not hesitate to contact the author Dr. Oliver Massmann under firstname.lastname@example.org. Dr. Oliver Massmann is the General Director of Duane Morris Vietnam LLC, Member to the Supervisory Board of PetroVietnam Insurance JSC and the only foreign lawyer presenting in Vietnamese language to members of the NATIONAL ASSEMBLY OF VIETNAM.
Disclaimer: This Alert has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice. For more information, please see the firm's full disclaimer.