DFDL

Overview On 22 February 2023, the Ministry of Commerce (“MOC”) issued a new regulation on the Forms and Procedures for Issuance of Temporary Suspension Measures and/or Decisions by the Cambodia Competition Commission (“CCC”) to strengthen the enforcement of the Law on Competition (“Competition Law”) in Cambodia. Thereafter, on 24 February 2023, the MOC issued an additional decision on the Formalities and Procedures for the Calculation of Pecuniary Penalties under the Law on Competition to ensure that the calculation of pecuniary penalties is transparent and effective...

Key Takeaways Rooftop solar (“RTS”) power installations are permissible, based on two categories: Category 1 – RTS systems not synchronized with the national power grid; or Category 2 – RTS systems synchronized with the national power grid. An annual quota for Category 2 permits will be set. Compensation tariffs (i.e. reduced tariffs payable by consumers based on their RTS generation). Technical and safety standards. One Window Web Portal. Reinforcing Cambodia’s commitment to increasing renewable energy’s contribution to the national power generation portfolio, the Ministry of Mines and Energy (“MME”) has issued Prakas No...

DFDL is pleased to announce its role as local legal counsel, supporting international counsel Mayer Brown, in advising Clifford Capital and Pentagreen Capital on their joint financing of BECIS Bioenergy Pte. Ltd. (BECIS). The financing package, structured as a green loan of USD 30 million, will support the development and construction of bioenergy projects across Southeast Asia and India. The loan includes an accordion feature, potentially increasing the total financing by an additional USD 20 million, which could bring the overall project value to USD 50 million...

DFDL’s Audray Souche, Regional Managing Partner, had the pleasure to moderate a panel on Financing Low Carbon Opportunities at the APAC Energy Capital Assembly in Singapore. This event brought together leading players in the energy sector to discuss the latest trends and developments in sustainable financing in Asia. It was a stimulating and informative session that highlighted the importance of collaboration and innovation in achieving a low carbon future. We would like to thank the panelists for sharing their valuable insights and experiences: Ryoichi Abe, Japan Bank for International Cooperation, Roberta Wong, Kerogen Capital,