Banpu Acquires 49.04% Stake in Solar Rooftop Platform Solar Esco

The transaction is scheduled to be completed by the second quarter of 2022

March 13, 2022

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BRE Singapore (BRES), a wholly-owned subsidiary of Banpu NEXT Co., in which Banpu holds 50% shareholding, has signed a Shares Subscription Agreement (SSA) to purchase 49.04% shareholding in Solar Esco Joint Stock Company, a renewable energy company and a provider of integrated solar rooftop platform in Vietnam for the consideration of $14.5 million.

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