NEC Energia - BR

NEC Energia is a joint venture company that owns and manages 18 hydroelectric plants in Brazil, with an installed capacity of 72.5 MW. NEC Energia also encompasses the subsidiary, BEI – a service company that provides operation, maintenance, and engineering for power plants.
In addition to a portfolio of solarPV projects that are underdevelopment, the partnership has a clear objective of advancing NEC’s growth through the acquisition of operating assets and the development and construction of greenfield projects.

Unique Meghnaghat Power Limited (UMPL) - BD

• UMPL is a 584 MW gas fired combined cycle power plant is under construction in the Meghnaghat region situated in Sonargaon of Narayanganj district of Bangladesh. The Project will operate on natural gas/Re-gasified Liquefied Natural Gas (RLNG) and will be based on the combined-cycle technology.
• UMPL has already signed Power Purchase Agreement (PPA) with Bangladesh Power Development Board (BPDB), Implementation Agreement (IA) with the Government of Bangladesh, and Gas Supply Agreement (GSA) with Titas Gas Transmission and Distribution Company Limited (TGTDCL) of Government of Bangladesh. This power plant has created significant job opportunities for the local community in the region.
• This power plant is expected to start commercial operation in October 2023.

NEC Desenvolvimento - BR

• NEC Desenvolvimento, is a joint venture company based in Minas Gerais in Brazil. The JV’s mission is to identify, invest in, and develop solar PV projects in Brazil. It currently has 13 GW of solar projects under development.

*This project company is not yet included in our total gross capacity or total number of assets.

Sun Power Pervomaysk - UA

• Pervomaysk Solar project is a 6.5 MW solar plant in Ukraine, which started its commercial operation in November 2019.
• All electricity produced and the capacity made available by Pervomaysk is purchased by the Guaranteed Buyer Company under the Feeding Tariff Regime (FIT) till end of 2029.