APAC Energy is your guide to investing in Southeast Asia's energy sector
APAC Energy has been working in the Asia-Pacific energy sector since 2008. We help arrange project financing and M&A assistance for the region's LNG, LNG/gas-to-Power, electricity, and increasingly Vietnamese renewables (solar and wind) sectors.
We facilitate assess to capital for projects and help them reach investment ready bankability by addressing various risks using financial de-risking instruments. We also have tools to help projects obtain bankable project data investors are looking for. We develop a capital stack or financial structure for each individual project which can include senior debt, subordinated debt, hybrid instruments, preferred equity and common equity.
We help investors identify credit worthy bankable projects that meet their investment and risk criteria for either project financing or projects ready for acquisition. We work with investors of all sizes, including , pension funds, insurance companies, sovereign wealth funds, investment groups, banks, producers, trading house, utilities and others.
Our extensive list of both governmental and commercial stakeholders on the national and provincial level can help investors make informed investment decisions. We also keep up to date on legal and regulatory changes and offer due diligence and risk analysis for potential stakeholders.
We are a US-based firm with our Asian offices in Ho Chi Minh City, Vietnam's business hub. Our license as a Limited Liability Corporation (LLC) in Vietnam is scheduled for approval on August 21. For more information how we can best serve your needs please hit the Contact Us button.
Your guide to investing in the region's energy sector
We’ve provided consulting and advisory services for some of the largest oil and gas majors in the US and Australia, including California-based Chevron Corp and its Asian subsidiaries and UK and Singapore-based energy consultancies Enerdata, KBR and Critical Resource.
Currently, we are working to provide funding for an LNG storage tank project in China, a wind project in Vietnam and marketing US LNG volumes in Vietnam and Thailand.
Countries that are rapidly increasing their renewables capacity with associated grid and transmission overload problems can gain additional capacity out of existing electric transmission systems and help unlock stalled renewable energy projects.
How? By deploying grid-enhancing technologies, according to a new report.
This is acutely important for renewables infrastructure build-out as grid capacity could postpone and even cancel needed onshore and offshore wind power projects needed to offset the region's over-reliance on coal used for power generation.
As high demand of power supply leads to high capital requirements, the government has allowed 100% foreign ownership of Vietnamese companies in the energy sector and offers new tax incentives to attract foreign investment and retain the growth of Vietnam’s green power sector.
A recent report compiled by Australia's science agency CSIRO and the Australian Energy Market Operator showed that the current capital cost of building a new coal-fired power plant using higher-grade fuel was about A$4,450 ($3,435) per kilowatt.
A combined cycle gas-fired plant came in A$1,801 per kilowatt, while large-scale solar was A$1,408 and onshore wind was A$1,951.
These market dynamics given even more incentive for less capex intensive and cheaper to operate solar and wind projects.
In February 2021, the Vietnamese government released a draft of the country’s latest power development plan(PDP 8), for 2021 to 2030. The draft expands wind and solar capacity and increases their shares of the country’s generation mix. It also prioritizes enhancing grid infrastructure to ensure stable operation with a higher share of renewables.
PLEASE NOTE: Offshore wind development, while not the focus of the EIA update, is still at its early developmental stages in Vietnam. As such, APAC Energy and potential stakeholders including the World Bank Group, Danish Energy Agency, USAID, and others are calling for the government to create a formal roadmap to help the country develop offshore wind and attract international technical expertise and much needed FDI.
Pricing benchmarks used for LNG term deals, now usually shorter duration, in Asia continue to change: a mix of JKM for longer term deals instead of just for spot procurement, Henry Hub, TTF and West India Marker (WIM), as such good news for buyers, headwinds for producers.