Electricité du Cambodge inks first cross-border deals with Lao IPPs

The two projects will start supplying power in 2024 over a 30-year period.

Electricité du Cambodge (EDC), Cambodia’s main electricity supplier, signed its first two cross-border deals with Lao independent power producers (IPP) Xekong Thermal Power Plant Company Limited and TSBP Sekong Power and Mineral Company Limited. According to an announcement, Reed Smith has supported EDC throughout the completion of the deal.

The two projects totalling 2,400MW, will start supplying power to EDC in 2024 and over a 30-year period. “This is a landmark transaction for the Royal Government of Cambodia given the size of the projects and would play a key role in supporting the nation’s electricity needs,” Reed Smith commented.

The Reed Smith team advising on this matter was led by Singapore-based Energy and Natural Resources partners Kohe Hasan and Bree Miechel, supported by partners and associates in Singapore, Paris and London.