SPCG to raise B5bn from fund
Solar farm operator to use cash for expansion
- Published: 13 Mar 2013 at 00.00
- Newspaper section: Business
SPCG, the SET-listed solar farm operator, plans to raise up to 5 billion baht from its soon-to-be-launched infrastructure fund for refinancing debts and for business expansion.
The solar farm operator will have a steady revenue stream for decades with only a few maintenance and operating costs, says Ms Wandee (left). WISIT THAMNGERN
Wandee Kunchornyakong, the chairman and chief executive, said the underlying asset of the 10-year fund is SPCG's contracts to sell electricity to the Provincial Electricity Authority.
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