Levanta Renewables, a Southeast Asian renewable energy developer backed by Actis LLP, has made its first foray into the Thai market by acquiring 90% of a 139.4 MWp solar project portfolio. The acquisition involves 24 ground-mounted solar farms, each under a 25-year power purchase agreement with the Provincial Electricity Authority of Thailand. This deal, completed with Super Energy Corporation Public Co. Ltd. and its subsidiary, marks a significant milestone in Levanta’s strategy to achieve 1.5 GW of operating capacity across Southeast Asia.

Renewable Energy, Private Equity,Thailand, Southeast Asia

Actis’ Southeast Asia renewables platform Levanta makes first Thailand investment with 139MWp operating solar portfolio acquisition