Deals
Ratchaburi Buys 40% Stake in Thai Biomass Project Developer
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Ratchaburi Electricity Generating Holding Pcl, a Thai power producer, bought a 40 percent stake in a developer of a 9.9-megawatt biomass power project in Songkhla province, the company said today in a stock exchange filing.
Ratchaburi will pay 80 million baht for the stake in Songkhla Biomass Co. The remainder of the stake is held by Precise Power Producer Co. The project will use rubber wood residue as feedstock and will be located at Chana district, Ratchaburi said.