Armstrong commits $30m to Thai solar, biogas projects
Southeast Asian cleantech investor Armstrong Asset Management has committed $30 million to solar and biogas projects being developed by Thailand’s Annex Power. The capital will be used to expand the company’s engineering, procurement and construction activities in Thailand and explore new opportunities in the Philippines and Indonesia.
Annex, which spun out from global solar group Conergy in 2008, has completed solar photovoltaic power plants in Thailand with a total capacity of 58 megawatts. It has secured contracts for projects that...
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