The Philippines-based energy company has signed the share purchase agreements to acquire a 15% stake in two Thai companies, which are building a 220 MW utility-scale solar power project in Myanmar. Philippine-listed energy developer Basic Energy has purchased a 15% stake in two Thai EPC contractors, Vintage EPC Co. Ltd (VEPC) and VTE International Construction […]
QTC Energy Unit Buys 15% Stake in GEP
July 11, 2017 by
Bangkok-based QTC Global Power has paid 67.84 million baht ($1.9 million) for a stake in Thai PV developer Green Earth Power (GEP), which is building a 220 MW solar installation in Myanmar. GEP is developing the massive PV plant in the city of Minbu, Magway Region, in cooperation with Myanmar’s Ministry of Electric Power. In […]