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Bangkok Container Glass Completes Vietnam Solar Plant Acquisition

Bangkok Container Glass Completes Vietnam Solar Plant Acquisition

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Bangkok Container Glass (BCG) has completed the $41 million acquisition of a solar plant company.

The Thai glass manufacturer completed the acquisition of 100% shares in Solar Power Management (Thailand), a company holding a 67% shareholding interest in Phu Khanh Solar Power Joint Stock Company.

This organisation operates two solar power projects in Phu Yen Province, Vietnam with a total installed capacity of 99.21 MW.

The deal had a transaction value of THB 1,259 million ($ 41 million) from Eternity Power (formerly known as Eastern Power Group).

Source: glass
Anand Gupta Editor - EQ Int'l Media Network