New Billion-Dollar Family Emerges From Thailand Power Industry
- Absolute Clean Energy jumps in Bangkok listing on Wednesday
- Founding Songmetta family’s stake in firm tops $1 billion
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Thailand’s renewable power industry has created a billionaire family.
Biomass power specialist Absolute Clean Energy Pcl listed in Bangkok on Wednesday, an initial public offering that reveals the founding Songmetta family as among the wealthiest in the Asian nation.