Egco nears $400m wind turbine buy | Bangkok Post: business

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Egco nears $400m wind turbine buy

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SET-listed Electricity Generating Plc (Egco), Thailand's second-largest private power producer, has been in talks to acquire 90% of a wind turbine developer for about US$400 million. 

The deal is expected to be concluded early next year. Located in Chaiyaphum, the wind project is slated for 200-megawatt capacity with operation to begin in 2014, said president Sahust Pratuknukul.

"The project is in the northeast of Thailand, which has potential for strong wind flows," he said.

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