Bangkok Post newspaper quoted WHAUP chief executive Niphon Bundechanan as saying that the company is approaching solar farm operators to negotiate deals to acquire their facilities for operation s with capacities ranging from 50 to 250 MW.
He did not disclose the ownership proportion of the new assets, saying only that his company plans to be a majority shareholder or full owner. Investment value was not revealed. The company expects to close the deals early next year.
For the water business, WHAUP is planning the second-phase development of two tap-water supply facilities in Hanoi and in Cua Lo in the central province of Nghe An, which the company acquired last year.