Denham Capital-backed Nexif Energy Acquires a Controlling Interest in Viet Hydro (Asia)

Source: Denham Capital

Nexif Energy, a Southeast Asian independent power producer formed with the backing of energy-focused private equity firm Denham Capital, has taken a controlling interest in Vietnam-based hydro power project Coc San through the acquisition of a majority stake in Vietnam-based power producer Viet Hydro. Coc San, a run-of-the-river 30 MW hydro power project, is expected to commence electricity generation by March 2016. Financial details of the transaction were not disclosed.