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Friday, May 10, 2024

Super acquires two new renewable operators

A 9MW waste-to-energy power plant in the northern province of Phichit, operated by Super Earth Energy 6.

SET-listed Super Energy Corporation Plc (Super), Thailand’s largest operator of solar farms based on total capacity within the country and overseas, is restructuring its business by acquiring two new renewable energy assets and selling what it considers to be an inactive asset, part of efforts to make the company an agile organisation.

The board of directors approved the acquisition of 7.1 million ordinary shares of Equator Solar Co, representing 51% of the company’s shares, said Jormsup Lochaya, chief executive of Super Energy.

The shares were sold at 115 baht per share.

The purchase, made through Super Energy’s subsidiary…

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