BCPG sets sights on renewable asset in Taiwan

BCPG Plc, the power generation arm of energy conglomerate Bangchak Corp, plans to buy a new renewable energy asset in Taiwan next year to increase its power generation capacity.

President and chief executive Niwat Adirek did not elaborate on the deal or name the seller, saying only the company believes it will receive a good return on investment because of a high feed-in tariff of between 6 and 7…