BGC in talks to buy Vietnam solar farms - News Summed Up

BGC in talks to buy Vietnam solar farms


BGC's solar farm in Vietnam currently has a capacity of 67 megawatts. BG Container Glass (BGC), Thailand's largest glass container packaging manufacturer by capacity, is negotiating with investors in Vietnam to buy solar farms worth over 1 billion baht as it seeks new business opportunities in renewable energy. It set a budget of 1-2 billion baht for the purchases. BGC continues to expand its packaging business using mergers and acquisitions in Thailand. Mr Silparat said the spread of Covid-19 affected the packaging business because of the government's lockdown measures and its ban on alcohol sales during the pandemic.


Source: Bangkok Post July 08, 2020 23:26 UTC



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