ACO Investment Group to Develop 300MW of Solar Power in Myanmar (Asia)

Source: Office of the United States Trade Representative

ACO Investment Group, an infrastructure-focused alternative investment manager, has signed an agreement with the Burma Ministry for Electric Power to develop two 150MW solar energy plants in Myanmar. The project is valued at US$480 million. The plants are expected to account for ten percent to 12 percent of Myanmar’s power generation when completed in 2016.