Bangkok, Thailand, 30 October 2025 – Constant Energy, a leading renewable energy developer and independent power producer (IPP) in Asia, has successfully completed the acquisition of a 7.7-megawatt (MW) portfolio of operational solar photovoltaic (PV) assets across four different locations in Thailand from EDP Renewables APAC. Building on its established track record in the country, this strategic acquisition further strengthens Constant Energy’s presence, reaffirming its continued commitment to expanding sustainable energy infrastructure across the region.
The portfolio consists of fully operating solar projects under long-term power purchase agreements with reputable industrial off-takers in Thailand.
“This acquisition aligns with our strategic vision to expand our presence in key growth markets and support the region’s transition to low-carbon energy,” said Franck Constant, CEO at Constant Energy. “We look forward to integrating these high-quality assets into our portfolio and continuing to build strong partnerships in the Thai energy sector”.
The transaction was led by Green Horizon Capital Partners, who acted as the exclusive financial advisor to Constant Energy and managed all aspects of the deal process.
Michiel Prompers, Managing Partner at Green Horizon Capital Partners, said, “We’re proud to have supported Constant Energy in this strategic acquisition and to have facilitated a smooth, end-to-end transaction with EDP Renewables APAC”. He added that the deal reflects the firm’s “strong commitment to advancing clean energy investments across the region”.
This acquisition solidifies Constant Energy’s long-term vision to scale up renewable energy capacity across Asia, in addition to its broad capabilities in structuring PPAs. Together, these approaches empower Constant Energy to accelerate clean energy deployment and drive the region’s transition to a more resilient and sustainable energy future.

About Constant Energy
Constant Energy (“CE”) is a leading developer, owner, and operator of large-scale solar, wind, and battery storage projects across Asia. Founded in 2017, CE is an affiliate of Virya Energy Group, a global renewable energy platform operating in more than 15 countries across Europe and Asia, with a team of over 1,100 members worldwide. Specializing in the long-term development and management of high-quality renewable energy assets, Constant Energy has built a growing portfolio of over 210 MW of solar projects across Thailand, Malaysia, and Vietnam. Supported by Virya Energy’s strong financial backing and industry expertise, the company upholds the highest standards of environmental, social, and governance (ESG) performance, as reflected in its 5-star GRESB rating and gold rating from EcoVadis. The management team has over 30 years of experience in private power projects.
More information can be found at https://constantenergy.net/
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