Up to 1 GW of solar & wind capacity will support industrial base & supply chain in Vietnam

9 June 2026, Taipei, Taiwan – Hon Hai Technology Group (Foxconn) (TWSE:2317) and Brookfield, a leading global investment firm, today announced a strategic partnership, to invest in and develop renewable energy projects in Vietnam to support its operations, and that of its supply chain partners, across the country.

The partnership will jointly develop up to 1 gigawatt (GW) of utility-scale wind, solar and battery capacity, underpinned by long-term power purchase agreement (PPA).

Both parties will collaborate on the investment and asset management of targeted projects. Brookfield will leverage its Catalytic Transition Fund, which invests in renewable energy solutions in emerging markets.  

Brookfield Asia Pacific Head of Energy Daniel Cheng said: “Brookfield’s partnership with Foxconn underscores the scale of corporate demand for renewable power in Vietnam, one of Asia’s fastest-growing economies. As global manufacturers increasingly turn to renewables for its cost-competitiveness, speed to market and energy security benefits, we’re seeing strong and rising demand for long-term supply from across the region. Policy momentum around Southeast Asia is also providing a second-order tailwind for renewables development and our Catalytic Transition strategy, which has been very active over the past 12 months.”

Foxconn Chief Investment Officer James Tu said: “We are pleased to be a strategic partner to Brookfield to secure long-term access to renewable energy for our operations and supply chain in Vietnam. This initiative where we’re investing and managing alongside Brookfield ensures stable and cost-effective power supply for our continued growth in the region.”

The partnership is expected to progress alongside Vietnam’s evolving direct PPA framework.

About Brookfield

Brookfield is a leading global investment firm with more than US$1 trillion in assets under management headquartered in New York that owns and operates real assets and essential service businesses that form the backbone of the global economy. We invest on behalf of institutions and individuals around the world across infrastructure, energy, private equity, real estate, and credit—sectors critical to supporting economic growth and productivity. With a heritage spanning more than a century and operations in over 30 countries, we deploy long-term, patient capital to build the foundational assets and businesses that power a more connected, resilient, and sustainable future—seeking to build long-term wealth for our clients while delivering strong risk-adjusted returns for our shareholders.

Brookfieldis a leading global owner, operator and developer of clean energy assets, with one of the world’s largest renewable energy portfolios spanning hydro, wind, solar, energy storage and sustainable solutions across five continents. Leveraging its operating expertise, scale and global reach, Brookfield develops and operates high-quality assets to support decarbonization and help accelerate the global transition to net zero.

Brookfield’s Catalytic Transition Fund

The Catalytic Transition Fund (CTF) is Brookfield’s dedicated vehicle to mobilise private capital into emerging markets to accelerate investment in clean energy and transition assets. Backed by US$1 billion of catalytic capital from ALTÉRRA, the fund is designed to crowd in private investment by improving risk-adjusted returns, supporting decarbonisation and scaling climate finance in underserved markets.

About Foxconn

Hon Hai Technology Group (Foxconn) (TWSE:2317) is the world’s largest electronics manufacturer and leading technology solutions provider, ranking 28th in Fortune Global 500. In 2025, revenue totaled TWD8.1 trillion (approx. USD260 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and other. Operating over 240 campuses across 24 countries, Foxconn is one of the world’s largest employers with approx. 900,000 employees during peak manufacturing season. We are committed to sustainability in the manufacturing process and serving as a best-practice model for global enterprises. The Group is guided by its 3+3+3 strategy, actively investing in industries of electric vehicles, digital health, and robotics; in technologies of artificial intelligence, semiconductors and next-generation communications; in intelligent platforms of Smart Manufacturing, Smart EV and Smart City. Foxconn is dedicated to becoming a comprehensive, world-class enterprise, with AI as its core driving force. Learn more at www.foxconn.com/en-us