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 […]
Basic Energy buys stake in 2 Thai EPC firms working on 220 MW Myanmar PV project
July 3, 2018 by Thiha
Filed Under: Latest News Tagged With: Basic Energy President and Chief Executive, China Triumph International Engineering Group, Hong Kong, Japan, Kalisin, Magway Region, Minbu, Ministry of Electricity and Energy, MW Myanmar PV project, Oscar L. de Venecia, Solar Power Plant, Solmax Power Ltd, Thai EPC contractors, Thai EPC firms, Thailand, VEPC, Vintage Engineering Public Company Limited, Vintage EPC Co. Ltd., VTE, VTE International Construction Co. Ltd. (VINTER)
Basic Energy invests in Myanmar solar project
July 2, 2018 by thiha
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 […]
