Energy Absolute Seeks Partner; Rating Slashed on Fraud Probe

-- Energy Absolute Pcl, the embattled Thai renewables firm, said it’s seeking a partner to help it with 19.5 billion baht of debt due in 2024, after its credit rating was cut to junk due to a fraud probe.The company is “in the process of negotiating and considering the selection of strategic partner” to boost its strength, repay debt and develop a sustainable business.

Still, Energy Absolute said in a press briefing Monday that it will proceed with the plan to sell as much as 5.5 billion baht of green bonds on July 23-25. ‘We’re drowning in debt… but I drive a BMW’: Young couple has $628.5K debt but no realistic plan to manage it allMost people want to get rich, and many know investing is the best way to build wealth. However, many people don't know how to pick out the right assets and investments to get them where they want to...

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