RH International (Singapore), a wholly owned subsidiary of Ratchaburi, has agreed to take a 60% stake in a venture with Chow International to invest in the first phase of the project at an undisclosed location in Japan.
Ratchaburi Energy, another wholly owned unit of Ratchaburi Electricity Generating Holding, has also agreed to take a 60% stake in a venture with renewables consulting firm Premier Solution to provide PV management services in Japan, the group said in a statement to the Thailand stock exchange.
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