Original disclosure @ ADB website
Updated in EWS Apr 26, 2021
Disclosed by Bank Oct 29, 2019
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According to the bank document, "the project supports the borrower, Phu Yen Joint Stock Company, to operate a 257-megawatt (MW) solar photovoltaic power plant and its associated facilities in Phu Yen Province, Viet Nam. The Asian Development Bank (ADB) financing will meet the borrower's requirements for longer-tenor United States (US) dollar-denominated project financing, which local financial institutions are unable to provide."
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||B.Grimm Power Public Company Limited||Parent Company||-|
|-||-||-||-||Phu Yen TTP Joint Stock Company||Client||-|
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 2
Responsible ADB Officer Hashizume, Shuji
*There is no information being disclosed at this stage of the project*
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main