Feature
Our sense of danger about climate change is greater than ever before as the damage caused by heat waves, floods, powerful typhoons and drought continues to escalate in all parts of the world. The Mitsubishi Group is engaged in a wide range of initiatives, including prevention of environmental pollution, energy transition and forest management, in order to maintain and sustain the Earth’s irreplaceable environment, and we will continue to ever expand these activities.
Mitsubishi HC Capital
HSE Invests in a Wind Power Company in Vietnam
Mitsubishi HC Capital’s subsidiary HSE Ltd. (HSE), engaged in the renewable energy business, has completed the acquisition of a 35.1% share in the Trung Nam Wind Power Joint Stock Company (TNWP), a subsidiary of the Trung Nam Construction Investment Corporation (TNCI), one of the leading companies in the renewable energy business in Vietnam. Upon HSE’s acquisition, TNWP became a Mitsubishi HC Capital affiliated company using its equity. HSE has established a representative office in Ho Chi Minh City and now is promoting a strategic partnership with TNCI in developing new wind power projects to contribute to decarbonization and to the safe and stable development of the energy sector and of society in Vietnam.
and the government is targeting a wind power production of over 16,000 megawatts by 2030.
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