Actis-Backed Levanta Finances 13.3MW Vietnam Rooftop Solar

• Actis-backed Levanta secures financing to roll out 13.3 MWp rooftop solar across Vietnamese factories, cutting costs and carbon via long-term PPAs as it scales a regional distributed-solar platform.

Levanta Renewables, an Actis-backed developer, signed a credit facility to finance a 13.3-MWp rooftop solar program across industrial sites in Vietnam. Targeting factories amid a manufacturing boom and corporate renewable procurement, the deal greenlights construction and deployment.

The distributed systems will operate under long-term corporate PPAs, supplying on-site power to host tenants. Manufacturers are expected to cut electricity costs, reduce carbon emissions, and strengthen energy security. Levanta positions the project as a step in expanding its Southeast Asia distributed-solar platform to meet rising demand. Financial terms weren’t disclosed; rollout will proceed in phases across host facilities nationwide over coming quarters.

Who provided the credit facility, and what are its tenor and pricing?

• Provider: Not disclosed
  
• Tenor: Not disclosed
  
• Pricing: Not disclosed