MFC to launch Bt4-bn fund.

(From The Nation (Thailand))

Byline: The Nation.

MFC Asset Management will launch a Bt4-billion energy fund that will invest in 20 non-listed energy companies.

The fund, which is the firm's third private equity fund, will allocate money to selected companies involved in energy production - biodiesel, biofuel, biomass, wind and solar energy, as well as energy-related products like innovative energy-storage batteries.

The selected companies will be both energy producers and energy-equipment manufacturers. However, proportions will be weighed by business sector, business cycle and growth potential. Each company will receive Bt200 million to …