Scatec closes sale of Vietnam wind power plant to SUSI Asia Energy Transition Fund - scatec.com
Published December 14, 2025
Scatec Completes Sale of Wind Power Plant in Vietnam to SUSI Asia Energy Transition Fund
Scatec, a prominent player in renewable energy, has successfully finalized the sale of its wind power plant in Vietnam to the SUSI Asia Energy Transition Fund. This transaction marks a significant milestone in Scatec's strategy to enhance its portfolio in the renewable energy sector while contributing to the energy transition in Asia.
The wind power plant, located in the southern part of Vietnam, has been a key asset in Scatec’s portfolio. This facility is designed to harness the abundant wind resources in the region, contributing to the country’s growing renewable energy capacity. The sale is part of Scatec's broader strategy to focus on its core markets and optimize its asset management.
Scatec has been actively involved in the renewable energy landscape in Vietnam, where the government has set ambitious targets for increasing the share of renewable energy in the national energy mix. The wind power plant sold to the SUSI Asia Energy Transition Fund is a testament to Scatec's commitment to supporting these objectives while also ensuring a sustainable return on investment.
The SUSI Asia Energy Transition Fund is known for its focus on investing in renewable energy projects across Asia, with a particular emphasis on wind and solar power. This acquisition aligns with the fund’s mission to promote sustainable energy solutions in the region, thereby contributing to the global efforts to combat climate change.
As part of the sale agreement, Scatec will continue to provide operational support to the wind power plant, ensuring a smooth transition and maintaining the high operational standards that have been established since the plant became operational. This collaboration will help to ensure that the facility continues to deliver clean energy to the grid while maximizing its operational efficiency.
The completion of this sale is expected to generate significant financial resources for Scatec, which will be reinvested into new projects and initiatives aimed at expanding its renewable energy footprint. The company remains committed to its vision of accelerating the global energy transition through the development of sustainable energy solutions.
Scatec's decision to divest from this wind power plant is part of a strategic review of its asset portfolio, allowing the company to focus on projects that offer the greatest potential for growth and impact. With a strong pipeline of renewable energy projects in various stages of development, Scatec is well-positioned to capitalize on the increasing demand for clean energy solutions in Asia and beyond.
The sale of the wind power plant also reflects the growing interest from institutional investors in renewable energy assets. The SUSI Asia Energy Transition Fund, with its focus on sustainable investments, is indicative of a broader trend where financial institutions are increasingly allocating capital towards projects that not only offer competitive returns but also contribute positively to environmental and social outcomes.
Vietnam continues to be an attractive market for renewable energy investments, driven by favorable government policies and a rapidly growing economy. The country has set ambitious targets for renewable energy, aiming for 20% of its energy mix to come from renewable sources by 2030. This goal presents significant opportunities for developers and investors in the renewable energy sector.
As the global energy landscape continues to evolve, Scatec remains dedicated to its mission of providing sustainable energy solutions. The completion of this sale is a strategic step that underscores the company’s commitment to operational excellence and its focus on delivering value to shareholders while supporting the transition to a low-carbon future.
In summary, Scatec’s sale of the wind power plant in Vietnam to the SUSI Asia Energy Transition Fund is a significant development within the renewable energy sector. This transaction not only facilitates the growth of renewable energy in Vietnam but also reinforces Scatec’s strategic focus on optimizing its asset portfolio and investing in future projects that align with its sustainability goals.
As the demand for renewable energy continues to rise globally, Scatec is poised to play a crucial role in driving the energy transition forward. The company’s commitment to operational excellence and sustainable practices will ensure that it remains a key player in the renewable energy market, contributing to a greener future for generations to come.
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