Brookfield Asset Management and Foxconn form partnership to develop 1GW of renewable energy projects in Vietnam
Type: Partnership · Technology: Renewable Energy · Country: Vietnam · Announced: 2026-06-10
Brookfield Asset Management and Hon Hai Technology Group (Foxconn) announced a partnership to develop up to 1 gigawatt of renewable energy projects in Vietnam, targeting wind, solar, and battery storage technologies. The projects will supply power to Foxconn’s operations and its broader supplier network in Vietnam under long-term power purchase agreements (PPAs). Brookfield will invest through its Catalytic Transition Fund, which focuses on energy transition projects in emerging markets, including Southeast Asia. The partnership reflects rising corporate demand for renewable electricity in Vietnam, a fast-growing industrial economy. Foxconn’s Chief Investment Officer James Tu stated the agreement secures long-term renewable energy supply for its Vietnam operations and supply chain, supporting stable and cost-effective power for the company’s regional growth.
Counterparties
- Brookfield Asset Management (Investor)
- Brookfield Asset Management (Parent Company)
- Foxconn Technology Group (Offtaker)