Van Phong 1: A (super)-critical judgement on Japan

In:

Power

Region:

Asia-Pacific

Ross Crear

Reporter

JBIC has claimed Sumitomo Corporation’s ECA-backed loan to finance the $2.8 billion Van Phong 1 coal-fired power project in Vietnam is its last loan for a ‘dirty’ power scheme using supercritical technology. But is this legacy deal the last such coal power project in the Japanese ECA's pipeline?

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Corporate perspectives: Export finance in an ‘It is what is’ world, with Wartsila’s Back

Interview

02 May 2025

Corporate perspectives: Export finance in an ‘It is what is’...

Andreas Back, senior manager, financial services, at Finnish energy and marine technology company, Wärtsilä, reflects on ECA-backed projects in the new global macro and...

Perspective

09 May 2025

Facing the reality of Trump 2.0

The greatest impact of the second Trump administration is likely to be through its application of tariffs on global trade flows. But its impacts on project pipelines and...

Must See

Video

28 April 2025

Exiled: Veronika Koroleva, gunnercooke

Today’s Exile is Veronika Koroleva, Partner at gunnercooke. Veronika’s Exile celebrates the importance of mentorship and resilience, as well as embracing alternative working models to deal with problems that aren’t quite as unprecedented as we give them credit for.

Interview

02 May 2025

Corporate perspectives: Export finance in an ‘It is what is’ world, with Wartsila’s Back

Andreas Back, senior manager, financial services, at Finnish energy and marine technology company, Wärtsilä, reflects on ECA-backed projects in the new global macro and political paradigm emerging from the US. He’s optimistic for his company, less so personally.

Perspective

09 May 2025

Facing the reality of Trump 2.0

The greatest impact of the second Trump administration is likely to be through its application of tariffs on global trade flows. But its impacts on project pipelines and through its official agencies should not be overlooked.