Electricity Generating Plc (EGCO), the first independent power producer in Thailand, has paid 3.2 billion baht (A$110m) for full ownership of the Boco Rock Wind Farm in New South Wales, Australia.
A wind turbine farm, rising above cassava plantations in tambon Huay Bong in Dan Khun Thot district of Nakhon Ratchasima province. File photo by Panumas Sanguanwong.
In its press statement issued Thursday, the company said the purchase was a result of a 100% investment in Asia Pacific Renewables Ltd, principally owned by Continental Wind Partners, the developer of the wind farm. The share purchase agreement was executed on Tuesday.
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