Weerawong,
Chinnavat & Partners Ltd. represented BAFS Clean Energy Corporation Company
Limited (“BC”), a subsidiary of Bangkok Aviation Fuel Services Public
Company Limited (BAFS) in the acquisition of ATC Enviro Co., Ltd. (“ATCE”),
PDI Mae Ramat Co., Ltd. (“PDIMR”) and P.P. Solar (Nong-No) Co., Ltd. (“PPS”)
from PDI Energy Company Limited, a subsidiary of Padaeng Industry Public
Company Limited.
This
transaction was the first steppingstone for BC to diversify its portfolio into
renewable energy business by acquiring 7 solar farms located in Tak, Khon Kaen
and Samut Sakhon provinces with the combined capacity of 36.4 megawatts,
operated by ATCE, PDIMR and PPS. The transaction valued at THB 1,704 million and was closed on 1 March 2021.