Levanta Renewables Acquires 93 MWp Solar Portfolio in Thailand to Boost Southeast Asia Clean Energy Capacity

Levanta Renewables, Actis’ pan–Southeast Asia renewable energy platform, has announced the acquisition of a fully operational 93 MWp ground-mounted solar portfolio spanning eight provinces in Thailand. The portfolio is expected to generate over 140 GWh of renewable electricity annually for the Provincial Electricity Authority (PEA) and the Metropolitan Electricity Authority (MEA) under long-term Power Purchase Agreements (PPAs).

Pramod Singh, CEO of Levanta Renewables, said, “This acquisition strengthens Levanta’s position as a leading investor in Thailand’s renewable energy sector and reflects our commitment to supporting the country’s clean energy ambitions. As we advance toward our 1.5 GW capacity target, we remain focused on building a resilient and sustainable power system for Southeast Asia.”

Pankaj Sakhuja, CIO of Levanta Renewables, added, “The acquisition demonstrates the strength of our disciplined investment strategy and our ability to execute high-quality transactions aligned with our long-term growth objectives. Building on our 330 MWp operational portfolio in Thailand, this expansion reinforces strong counterparty partnerships while creating sustainable value across our platform.”

Alongside this acquisition, Levanta Renewables continues to scale its diversified renewable energy portfolio across Southeast Asia, including over 300 MW of ground-mounted solar, onshore wind, and battery storage projects under advanced development in the Philippines. The company’s growing pipeline underlines its focus on long-term value creation, regional decarbonisation goals, and investment-grade renewable energy solutions.