Thailand’s Superblock forms JV with Energy Complex Co to develop solar farm in Japan

Thailand’s Superblock PCL today signed a memorandum of understanding with Japan’s Energy Complex Co Ltd to invest around 27 billion baht in setting up a 300-megawatt solar farm in Japan.

Superblock’s chairman Jormsup Lochaya said that the the company would start the construction of the first 70 megawatts of capacity plant in the fourth quarter of this year. It plans to take it to full capacity and start the operation by the early 2017.

Tomorrow it will sign an agreement with Bualuang Bank for getting a loan worth 6.7 billion baht, which will be used to fund the joint venture in a 131.6-megawatt solar farm in Japan.

At the same time, it is negotiating with three to four firms for acquiring their renewable energy business in Thailand. The company expects to close at least one of these deals this year.

He earlier told the media that the company would invest 30 billion baht in 2015 to expand its solar power business in both the domestic as well as international markets. It targets to have 500 megawatts capacity, operating commercially by this year end.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.