Basic Energy invests in Myanmar solar project

DE Venecia-led Basic Energy Corp. has signed a deal to acquire a 15 percent interest in two Thai firms that bagged the contract to build a 220-megawatt (MW) solar power plant project in Myanmar. The company told the Philippine Stock Exchange on Wednesday that it signed share purchase and shareholders agreements with Thailand’s Meta Corporation […]

BEC secures investments in Myanmar solar plant contractors

Basic energy corp. (bec) has secured equity investments in the engineering, procurement, and construction (epc) contractors for a 220-megawatt (mw) solar power project in myanmar. In a disclosure to the Philippine Stock Exchange (PSE), BEC said that its board confirmed the company’s 15 percent equity investments in the Vintage EPC Company Limited and VTE International […]

Basic Energy to pursue equity purchase in Thai firms

The De Venecia-led Basic Energy Corporation has indicated that it will push ahead with its planned 15 percent share purchase in Thai firm Vintage EPC Company Limited and affiliate VTE International Construction Company Limited. The listed firm has noted in its disclosure to the Philippine Stock Exchange (PSE) that “the purchase of the shares is […]