Announced
Financials
Tags
solar energy
Renewable Energy Equipment
Acquisition
Cross Border
Private
Friendly
Thailand
Majority
Private Equity
Pending
Single Bidder
Synopsis
Virya Energy, an energy generation company, agreed to acquire Constant Energy, a rooftop solar power project developer, from Olympus Capital Asia, an independent private investment firm. Financial terms were not disclosed. “We are thrilled to welcome Constant Energy to Virya. Their addition to our ecosystem is a perfect fit with Virya’s strategy and follows the closing of the sale of Parkwind earlier this week. This participation not only bolsters our renewable energy production capacity with a significant solar portfolio and expertise but also aligns perfectly with our “fit for purpose energy” value proposition in which we help our end-users transition towards renewable energy through the provision of energy adapted to their needs. Solar power fits perfectly in our energy value chain,” Paul Tummers, Virya Energy CEO.
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