Sat, March 21, 2009 : Last updated 14:53 hours
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ENERGY
Glow Energy secures loans for its Cogen plant
Glow Energy has secured a Bt3 billion seven-year corporate loan from Siam Commercial Bank to finance the expansion of its cogeneration business.
Esa Heiskanen, CEO of the Glow Group, said "Securing this loan was a very good achievement, given the current difficulties in the financial markets. This will reduce our funding requirements for 2009 quite significantly, and means we can move forward with confidence with the expansion of our business".
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