Press Releases
Nexif Ratch Energy (NRE), a leading independent power producer focused on renewable energy solutions, is pleased to announce that the Calabanga Solar Project (CARE) located in Camarines Sur, South Luzon, Philippines, has successfully reached commercial operation on August 5, 2024. This milestone followed the completion of a rigorous testing and commissioning process conducted by the National Grid Corporation of the Philippines. CARE is a 74.2 MWp ground-mounted solar PV project and the first utility-sc...
Philippines Board of Investments awards Green Lane Certificate to two its projects designating them as Strategic Renewable Energy Projects Nexif Ratch Energy, a leading clean-energy Independent Power Producer (IPP) in the Asia Pacific Region, is pleased to announce a significant milestone in its commitment to sustainable development in the Philippines. In an award ceremony attended by Ceferino Perry S. Rodolfo, Undersecretary of the Philippines Department of Trade and Industry and Matt...
Nexif Ratch Energy, a leading renewable energy independent power producer in the Southeast Asia region, and Binh Dinh Province have signed the Memorandum of Understanding (MoU) for the development of the Nexif Ratch Binh Dinh 150 MW onshore wind project in Van Canh district, Binh Dinh province (“the Project”) during the prestigious Binh Dinh Investment Conference on 29 March with presence of senior leaders of central and local government including Mr. Tran Luu Quang, Deputy Prime Minister and Mr. Ho Q...
Nexif Ratch Energy Investments Pte. Ltd. (“Nexif Ratch Energy”) is pleased to announce its successful acquisition of the 30 MW Minh Luong run-of-river hydro power plant with peak hour storage located in Lao Cai province, Vietnam. The acquisition contributes to strengthening the Nexif Ratch Energy portfolio’s growth path in renewables and will create a stable and recurring income through a long term PPA. The plant, developed and constructed by the seller – Nam Tien Group, has be...
NEXIF RATCH Energy (NEXIF RATCH Energy Investments Pte. Ltd.) is pleased to announce the successful financial close and the commencement of construction of its 74MWp ground-mount solar photovoltaic (PV) project located in Calabanga, Camarines Sur, South Luzon, Philippines. This marks a significant step forward in our commitment to investment in sustainable energy in the Philippines. The Calabanga project is being implemented by our Philippines’ subsidiary, Calabanga Renewable Energy, Inc., and will s...
Nexif Energy and RATCH today announced the launch of NEXIF RATCH Energy, a renewable energy focused platform in Southeast Asia and Australia. The joint venture was successfully completed with establishment of NEXIF RATCH Energy Investments Pte. Ltd. registered in Singapore on 20 December 2022. RATCH Group through its wholly owned subsidiary, RH International (Singapore) Corporation Pte. Ltd. (RHIS) will hold 49% equity in the platform and Nexif Energy will hold 51%. NEXIF RATCH Energy kicks off with an ad...
• Sale of company to RATCH Group PLC for $605 million • Nexif Energy owns 2,670MW of power generation assets in Australia and Southeast Asia • A new Nexif-RATCH joint venture will manage and grow the portfolio after the acquisition. Denham Capital and Nexif announce the signing of a share sale agreement with Thailand’s RATCH Group PLC for Nexif Energy’s portfolio of Australian and Southeast Asian energy assets. The transaction values Nexif Energy’s portfolio at an enterp...
NEXIF RATCH ENERGY INAUGURATES COMMERCIAL OPERATIONS OF ITS CO-GEN POWER PROJECT IN RAYONG, THAILAND
At a traditional inauguration ceremony held on 2nd July 2022, Nexif Energy, the Singapore-based Asian and Australian power generation company, and RATCH Group, a leading power and infrastructure company active in Thailand and across the APAC region, dedicated their 92MW Rayong gas-fired co-generation project to operational excellence and efficiency. The project achieved commercial operation on 30th April 2022, within budget and on schedule despite severe disruptions arising from the Co...
Nexif Energy, the Australian and South East Asian power company, backed by Denham Capital today announced that its Lincoln Gap Wind Farm has achieved full commercial operations. It has also closed the refinancing of its 366MW Australia portfolio under a single portfolio financing facility. A lending group comprising KfW, SMBC and Westpac have completed a refinancing package of A$397 million for term loan, working capital and letter of credit facilities which consolidates the three exis...
Nexif Energy, the Asian and Australian power company, has signed a long-term power supply agreement (PSA) with SN Aboitiz Power (SNAP) for its maiden solar farm in the Philippines, a 75-megawatt peak (MWp) PV facility to be constructed in Calabanga, Camarines Sur province. Under the agreement, SNAP, a leading renewable energy provider in the Philippines’ power market, will purchase most of the electricity and green certificates generated by Nexif Energy’s Calabanga solar farm for t...
Nexif Energy, the Australian and South East Asian power company, backed by Denham Capital today announced that it has formed a 50:50 partnership with RATCH Group for construction and operation of its Nexif Energy Ben Tre wind power generation project (“NEBT”) in Vietnam. This is the second project Nexif Energy is undertaking with RATCH Group after forging a successful partnership last year on the Rayong Co-Generation project in Thailand. The 80 MW near-shore wind power generation p...
Nexif Energy, the Singapore-based Asian and Australian power generation company, has reached financial close on its 92MW gas-fired co-generation project in the Rayong province of Thailand. The Rayong co-generation project, which has now commenced construction, will sell electricity under a 25-year power purchase agreement (PPA) with the Electricity Generating Authority of Thailand (EGAT) and serve industrial customers in the SSP Industrial Estate located in the fast-growing ‘Eastern Economic Corridor...
Nexif Energy and the Ratch Group are pleased to announce the financial close of their 92MW gas-fired co-generation project in the Rayong province of Thailand. The Nexif Energy Rayong power plant project, which has now commenced construction, will sell electricity under a 25-year power purchase agreement (PPA) with the Electricity Generating Authority of Thailand (EGAT). The project will serve industrial customers in the SSP Industrial Estate located in the fast-growing ‘Eastern Economic Corridor’ o...
Nexif Energy, the Asian and Australian power company, has entered into debt facility and partnership agreements for the development of a 92 MW gas-fired co-generation project at the SSP industrial estate in the Rayong province of Thailand. The Rayong co-generation project will sell electricity under a 25-year power purchase agreement (PPA) with the Electricity Generating Authority of Thailand (EGAT) and serve industrial customers in the SSP Industrial Estate located in the fast-growing Eastern Economic...
Nexif Energy has acquired 94% of the equity of the Song Giang Hydropower JSC, a company that owns two run-of-river hydropower projects in cascade on the same river totalling 49MW in the Khanh Hoa province of Vietnam. The two projects are the 37 MW Song Giang 2 which has been operating since December 2014 and the under construction 12 MW Song Giang 1 that is expected to be complete in the second quarter of 2021. Electricity demand in Vietnam is growing 10-12% annually, creating opportunities for investm...
Nexif Energy, backed by Denham Capital, and the State Government of South Australia have today signed an agreement to deliver 154MW of reliable gas generation, making the State’s electricity market more competitive and secure. Nexif Energy will lease and relocate five gas turbine generating units owned by the State Government from their current site at the former Holden factory to a new permanent power station site at Outer Harbor. These units will be commercially operated by Nexif Energy as a fast s...
Lincoln Gap Wind Farm, located near Port Augusta in South Australia, has exported its first energy generation with project owner Nexif Energy providing a financial solution to keep the project on track. Nexif Energy has proactively negotiated with Senvion and made successful arrangements to ensure continued progress on the Lincoln Gap Wind Farm while Senvion addresses its financial difficulties and requirements. These arrangements will be implemented over the coming days and include the provision of...
Nexif Energy announced Financial Close and Notice to Proceed with expansion of Lincoln Gap Wind Farm in South Australia This next phase of the wind farm, located just outside of Port Augusta in South Australia, will add 86 MW of generating capacity to the 126MW already in an advanced stage of construction at the same location. When complete, the Lincoln Gap Wind Energy Generation & Storage Project will comprise 59, Senvion turbines (3.6MW each), totaling 212 MW, and a 10MWhr battery storage syst...
Leading independent power producer Nexif Energy will officially break ground of its $450-million windfarm project in South Australia today. The Lincoln Gap Wind Farm, located 15 kilometres west of Port Augusta, will, when completed, produce enough electricity to power around 155,000 homes in South Australia and offset more than 600,000 tonnes of CO2 every year of its operation. “We’re delighted to be bringing this long-planned project to fruition,” said Zeki Akbas from Nexif Energy Australia. ...
Nexif Energy (Nexif), a leading independent power producer in Asia and Australia, announced that it has signed an engineering, procurement and construction (EPC) contract for its 110 megawatt (MW) cogeneration project in Thailand’s Rayong Province. Nexif acquired the project in June 2017 and is making rapid progress towards achieving financial close in the first quarter of 2018. “We are encouraged by the progress we are making in the development and financing of the project, our first in the countr...
Nexif Energy, an independent power producer in Asia and Australia obtained an approval to develop, construct and operate an 80 MW wind power project in Ben Tre province, Vietnam. Nexif Energy currently has a majority ownership in the 30 MW Coc San hydro power project in the northern Vietnam province of Lao Cai and has over 500 MW in renewable energy projects across Vietnam in its pipeline which it is working to complete within the next three years. “We are pleased to make progress on implementing our...
Nexif Energy achieves financial close on first stage of the 212MW Lincoln Gap Wind Farm in Australia
Nexif Energy, an independent power producer in Australia and Southeast Asia, has announced that it has reached financial close for the first stage of the Lincoln Gap Wind Farm in Australia. Located near Port Augusta in South Australia, the Lincoln Gap Wind Farm project’s 126 megawatts (MW) first stage involves the construction and operation of 36 wind turbines, supported by innovative offtake contracts with Snowy Hydro and ERM Power. The full project, a 59-wind turbine farm, will produce 212MW, which...
Construction of a $450 million wind farm in Port Augusta is a step closer with the signing of a new agreement between the developer and a major Australian energy company. ERM Power (ASX: EPW) has signed two long term Large Scale Generation Certificate (LGC) agreements with leading independent power producer Nexif Energy to support construction of the Lincoln Gap Wind Farm 15 kilometres west of the Spencer Gulf town. The Lincoln Gap Wind Farm Project is a 212MW initiative involving the construction and o...
Company on target to commence 300 MWs in 2017
Nexif Energy, an independent power producer focused on Australia and SE Asia, shared updates on the company’s two new wind generation projects. Nexif Energy has confirmed it has entered into contracts with Senvion Gmbh of Germany to engineer, supply and construct Nexif Energy's two new wind generation projects in Australia – the 212 MW Lincoln Gap Wind Farm in South Australia and the 90 MW Glen In...
Singapore-based Nexif Energy announced today that it has signed agreements and is completing the acquisition of OneWind’s late stage development wind projects, the 212 MW Lincoln Gap project in South Australia and the 90 MW Glen Innes project in New South Wales. Additionally, as part of the deal Nexif has acquired OneWind’s 32 percent share in RPVD Development Pty Ltd, which owns the Walkaway II wind and solar projects in Western Australia. Matthew Bartley, co-CEO and Founder of Nexif Energy noted,...
Nexif Energy, a Southeast Asian independent power producer, announced today that it has entered into an agreement to subscribe additional equity in Viet Hydro Pte Ltd. The proceeds will be used by Viet Hydro to further consolidate its holdings in the Coc San project. “Nexif Energy is pleased to increase its commitment to the Coc San project, which recently completed construction and commenced operation,” said Surender Singh, Founder and Co-Chief Executive Officer of Nexif Energy. “We also look fo...
New technology will be leveraged to deliver over 300 megawatts across two projects Today, Nexif Energy announced that Senvion, a leading global manufacturer of wind turbines, has been selected as the preferred supplier of the EPC contracts and maintenance agreements for the 25-turbine Glen Innes Wind Farm in New South Wales and the 59-turbine Lincoln Gap Wind Farm in South Australia. Combined, these projects will deliver over 300 megawatts (MW) of clean, renewable energy to Australian co...
Nexif Energy, a Southeast Asian independent power producer, announced today that it has taken controlling interest in the 30 megawatt (MW) Coc San hydro power project in Vietnam through the acquisition of a majority ownership of Viet Hydro Pte Ltd. This transaction marks the first project under the Nexif Energy platform formed in August 2015. “Hydroelectric power is one of the most economical sources of electrical energy in Vietnam. With its strong renewable hydro resources, liberalising power regula...
Denham Capital, a leading global energy-focused private equity firm, and Nexif, a Singapore-based independent power management company, announced today a partnership to develop, finance, construct and opportunistically acquire conventional and renewable power generation assets across Southeast Asia. The platform marks a return to the region for Denham and builds upon Nexif’s strong experience and relationship base. “We are excited to team with Denham in chartering the next phase of Nexif’s growth...
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