Thailand’s Bangkok Container Glass completes Vietnam solar plant acquisition

Construction News Vietnam

Thailand’s Bangkok Container Glass completes Vietnam solar plant acquisition

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: https://www.glass-international.com/news/bangkok-container-glass-completes-vietnam-solar-plant-acquisition