Alternative Energy Corporation Co (AEC) plans to list on the Singapore Exchange Co (SGX) in the first quarter of 2020 to raise capital for business expansion in renewable energy resources. Jitraporn Techacharn, chief executive of AEC, said UOB would proceed with the IPO details during the second half of 2019. Mrs Jitraporn said listing on the SGX will create a significant opportunity for AEC in terms of funding and finding global business partners. At present, AEC runs a 9.9-megawatt (MW) power plant, fired from community solid waste from refuse-derived fuel (RDF) in Praeksa, Samut Prakan province. A combined 2,500 tonnes of solid waste is fed to the power plant daily.

Source: Bangkok Post May 29, 2019 23:48 UTC