Strategic consulting
PIC works with sponsors and investors to devise critical early stage and project development strategy to ensure project viability and bankability.
We devise country and project specific strategy, determine optimal corporate and transaction structures to maximise returns and attract future investment, advise on policy and government engagement and undertake evaluation of potential strategic partners and targets.
• Optimal transaction structuring
• Country, project and stakeholder strategy
• Identification of strategic partners and opportunities
• Government relations and public affairs
• Engagement with national government ministries and provincial level authorities
• Project evaluation, assessment and due diligence

Policy and regulatory analysis
We provide insight and analysis with respect to Vietnam’s policy and regulatory framework with a focus on the power sector and foreign direct investment.
With a team that brings over 25 years experience of advising on Vietnam’s largest power projects and M&A transactions our analysis both informs and enables investment.
• Optimal transaction structuring
• Policy and regulatory advice on Vietnam’s energy sector
• Identifying current and emerging risk (regulatory, reputational and market)
• Advising on IPP and PPP frameworks
• Mapping and navigating the licensing and permitting process for power project development
• Advising on draft legislation and legislative change
Macro and sector research
PIC undertakes macro, sector and market research with respect to Vietnam’s power sector.
We combine expertise in macro and sector research with a deep understanding of the policy and regulatory environment that facilitates foreign investment into Vietnam’s power sector.
• Analysis of national power planning and development
• Sector and market research across technologies
• Identification of market trends and risks
• Assessment of national power balance, consumption and supply
• Provincial power planning and development
• Power pricing
• Transmission grid development and connection analysis
• Vietnam’s clean energy policy and regulatory reform roadmap

Project development advisory
We work with project sponsors to plan and execute the pre development phase of power projects in Vietnam.
Working as advisers alongside development teams through the project development cycle we mitigate risk and delay whilst optimising project feasibility and delivery.
• Early stage structuring and government engagement
• Mapping and managing the project approval process and obtaining all licensing and permits
• Leading stakeholder and government engagement to ensure project progression through to COD
• Engaging with provincial and national authorities on project development and regulatory hurdles
• Managing tender processes and applications
• Mandating and negotiating with third party contractors (EPC, O&M)
Transaction advisory
PIC devise and enable optimal structures and transactions, with the aim of limiting sponsor recourse ensuring project bankability and maximizing project success and completion.
We manage transactions and provide strategic guidance on delay mitigation, regulatory review and engagement through the project life cycle.
• Project structuring
• Project and target due diligence