Bangkok (VNA) – WHA Utilitiesand Power (WHAUP), which provides utilities under WHA Corp, Thailand's biggestindustrial land developer and operator, is planning to acquire three solar farmsunder its new asset acquisition plan in Vietnam.
Bangkok Post newspaper quoted WHAUP chiefexecutive Niphon Bundechanan as saying that the company is approaching solarfarm operators to negotiate deals to acquire their facilities for operationswith capacities ranging from 50 to 250 MW.
He did not disclose the ownershipproportion of the new assets, saying only that his company plans to be amajority shareholder or full owner. Investment value was not revealed. Thecompany expects to close the deals early next year.
For the water business, WHAUP is planningthe second-phase development of two tap-water supply facilities in Hanoi and inCua Lo in the central province of Nghe An, which the company acquired lastyear./.