Banpu to invest in solar rooftop businesses in China
Banpu Public Company Limited, Thailand’s largest coal producer, plans to boost its investments in United States shale gas as it prepares for the New York listing of its American unit this year.
The Bangkok-based company is speeding up acquisitions in the US as it reduces its reliance on coal, said Chief Executive Officer Somruedee Chaimongkol. “There remains a vast potential of power and natural gas business in the US that can help Banpu achieve its shift away from coal,” she said in an interview on Monday.
Thai companies from Banpu to…