Levanta Renewables (“Levanta”), Actis’ (a leading sustainable infrastructure investor) renewable energy developer and independent power producer in Southeast Asia, has announced the acquisition of a 90% controlling shareholding in a 139.4MWp operating solar project portfolio in Thailand.
The projects have been acquired from Super Energy Corporation Public Co. Ltd. (“Super Energy”), a leading Thai renewable energy developer with operations across Thailand and Vietnam, and Super Energy Group Co. Ltd., a subsidiary of Super Energy.
The investment marks Levanta’s first transaction and entry into the Thai market and serves as a key step towards its goal of achieving 1.5GW of operating capacity across Southeast Asia.
The portfolio Levanta has acquired consists of 24 ground mounted solar farms spread across four provinces in Thailand, with each solar farm under a 25-year power purchase agreement with the Provincial Electricity Authority of Thailand.
You can now read the full press release at the link below