Banpu Public Company Limited (SET: BANPU) has informed the Stock Exchange of Thailand that its subsidiary, Ecoserve Vietnam Limited Liability Company (EcoServe Vietnam), a subsidiary held by BANPU through Company Banpu NEXT Company Limited (Banpu NEXT), has entered into a joint venture agreement with BKG Holdings Corporation (BKG) to establish a new company for investment and development of the Solar rooftop project in Vietnam, which targets to deploy at least 390 MW of rooftop solar power in the initial phase.
The joint venture, ESCO NEXT Limited Liability Company, will jointly be held by EcoServe Vietnam and BKG at 85% and 15% stake, respectively, with the total registered capital of VND 1,000,000,000 (approximately THB 1,400,000).
