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 investing in 2 Thai firms

Basic Energy Corp. has agreed with Thailand-based Vintage Engineering PCL (VTE) on the terms of investing in two of the latter’s subsidiaries involved in what is considered as Southeast Asia’s largest solar power project. Basic Energy said in a disclosure to the Philippine Stock Exchange that it had signed with VTE an investment term sheet, […]

Philippines’ Aboitiz Power to Pursue Hydro Projects in SE Asia

LISTED AboitizPower Corp. said on Tuesday it plans to set aside up to $500 million over the next five years to invest hydro power projects in Southeast Asia, particularly in Myanmar, Indonesia, and Vietnam. In a television interview, Aboitiz President and Chief Operating Officer Antonio Moraza also said the company will finish the construction of […]