PETROENERGY Resources Corp. (PetroEnergy) said that a Thai firm has acquired a 40 percent stake in its wind power unit PetroWind Energy Inc. (PWEI), the developer and operator of the 36-megawatt (MW) Nabas-1 Wind Power Project (NWPP) in Aklan.
In a disclosure to the local bourse on Wednesday, PetroEnergy said that BCPG Public Company Ltd. of Thailand formalized the acquisition of the 40 percent stake held by CapAsia Asean Wind Holdings Cooperatief U.A. (CapAsia) in PWEI during a signing ceremony held on Tuesday.
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