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...

Dave Ramsey reveals the 2 things that 'really cause' Americans to get their first $1M to $5M in net worthThese TSX socks have the potential to deliver above-average returns. Plus, some of these companies also pay dividends. The post My Top 5 TSX Stocks to Buy Right Now for Massive Returns in a Decade appeared first on The Motley Fool Canada.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

South African Energy Chief Seeks Nod For Nuclear Plant: TimesSouth Africa’s energy ministry plans to secure funding approval soon for a 2,500-megawatt nuclear power plant in its efforts to increase electricity supplies, the local Sunday Times reported.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Vistra, Constellation Energy shares surge on clean energy demand bets to power AI techShares of Vistra have jumped 132% this year, and those of Constellation Energy climbed 81%
La source: globeandmail - 🏆 5. / 92 Lire la suite »

Sask. introduces battery energy storage system to improve renewable energySaskatchewan's first-ever battery energy storage system to improve the management of renewable energy in the province is now online.
La source: GlobalCalgary - 🏆 50. / 61 Lire la suite »

Enbridge and Six Nations Energy Development consortium plan wind energy projectEnbridge Inc. and Six Nations Energy Development LP announced plans Monday to develop a massive wind energy project in southeast Saskatchewan.
La source: CTVNews - 🏆 1. / 99 Lire la suite »

Enbridge and Six Nations Energy Development consortium plan wind energy projectREGINA — Enbridge Inc. and Six Nations Energy Development LP announced plans Monday to develop a massive wind energy project in southeast Saskatchewan.
La source: SooToday - 🏆 8. / 85 Lire la suite »