Levanta Renewables, under Actis, has acquired a 90% controlling interest in a 139.4 MWp solar project portfolio in Thailand, marking its first venture into the Thai market. This acquisition from Super Energy Corporation Public Co. Ltd. and its subsidiary includes 24 ground-mounted solar facilities across four provinces, each with a 25-year power purchase agreement with the Provincial Electricity Authority of Thailand. This transaction aligns with Levanta’s goal of achieving 1.5 GW of operational capacity in Southeast Asia. Actis, a prominent investor in sustainable infrastructure across Asia, now supports nine energy generation enterprises, totaling 8.5 GW in installed capacity, with 5.6 GW dedicated to renewable energy projects.
Levanta acquires 139.4 MWp Thailand solar portfolio
Each of the 24 solar facilities in the acquired portfolio has a long-term agreement with the Provincial Electricity Authority of Thailand. (Image Credit: Levanta Renewables)
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