✉news EnvironmentEnergy first seen 5 h ago, last 1 h ago, peak #5
EGCO completes purchase of 49% stake in US renewables portfolio
Original: EGCO closes buy of 49% stake in 339-MW US solar, wind portfolio
Thai power company Electricity Generating (EGCO) has closed its acquisition of a 49% stake in a 339-megawatt portfolio of solar and wind plants in the United States. The deal adds renewable generation capacity to the company's overseas portfolio and reflects its strategy of expanding into clean energy assets abroad, according to the announcement of the completed purchase.
Why now: The acquisition has just been completed, marking EGCO's continued expansion into the US renewables market.
Evidence
- EGCO closes buy of 49% stake in 339-MW US solar, wind portfolio · Renewables Now
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