2022 28 February

DFDL Bangladesh Advises Pacific Energy Group on its JVA to Build a 1,000MW, USD 1.7 billion Alternative Energy Solar Field

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DFDL advised Pacific Energy Group, LLC (Pacific Energy), through its subsidiary, Eleris Energy Limited, Hong Kong which has signed a Joint Venture Agreement with the Bangladesh Army Welfare Trust, to build a 1,000MW, USD 1.7 billion alternative energy solar field in Bangladesh. This was an important deal as upon completion, the solar field will be tied with the 5th largest solar field in the world, and discussion continues to expand the project to become the largest solar field in the world. This will help Bangladesh become a world leader in reducing their carbon footprint to fight climate change.

DFDL Bangladesh team was led by Shahwar Nizam (Partner & Bangladesh Managing Director) and supported by Saif Bhuiyan (Senior Associate) and Araf Rahman (Trainee).

 

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