[Updated] Thailand’s Banpu ploughs in $70m to up stake in SG battery firm Durapower to 65.1%

[Updated] Thailand’s Banpu ploughs in $70m to up stake in SG battery firm Durapower to 65.1%

Photo from Durapower's LinkedIn page

Editor’s note: A previous version of this story mentioned the fresh equity funding received by Durapower based on its regulatory filings in Singapore. It has been updated to show that the deal, which comprises primary and secondary transactions, was worth $70 million, as disclosed by Banpu to the Thai stock exchange.

Edited by: Padma Priya

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