Showing 1 - 10 of 66
Egco completes US acquisition
Yuthana Praiwan, Published on 10/01/2024
» SET-listed Electricity Generating Plc (Egco), a power generation arm of the state-run Electricity Generating Authority of Thailand, has completed the acquisition of US-based Compass Portfolio, enabling the company to earn more revenue from the power business in North America.
PTG acquires 33% stake in car leasing firm Paisan Capital
Business, Yuthana Praiwan, Published on 10/01/2024
» SET-listed PTG Energy, a local oil trader and operator of PT petrol stations, has acquired shares in local car leasing firm Paisan Capital to further expand its non-oil business.
Egco buys 30% stake in Indonesian company
Business, Yuthana Praiwan, Published on 15/12/2023
» SET-listed Electricity Generating (Egco), a power generation arm of state-run Electricity Generating Authority of Thailand, has acquired a 30% share in Indonesia-based PT Chandra Daya Investasi for US$194 million to strengthen its power business and venture into the infrastructure sector in Asean.
Egco ups US presence via stake in Compass Portfolio
Business, Yuthana Praiwan, Published on 16/11/2023
» SET-listed Electricity Generating (Egco), the power generation arm of the state-run Electricity Generating Authority of Thailand, is going to clinch a deal to acquire a 50% stake in US-based Compass Portfolio, which has three power plants under its ownership.
TTA takes 10.14% share in Valeura
Business, Yuthana Praiwan, Published on 13/11/2023
» Growing oil and gas demand in Asia has prompted SET-listed Thoresen Thai Agencies (TTA), an investment holding firm, to acquire a 10.14% share in Valeura Energy Inc, the second-largest oil producer in Thailand.
TPCH eyes overseas portfolio
Business, Yuthana Praiwan, Published on 28/09/2023
» SET-listed TPC Power Holding (TPCH), the renewable power generation arm of construction firm Thai Polycons Plc, is adjusting its investment portfolio by focusing more on overseas business expansion, with Laos picked as the first investment destination.
BCPG acquires two US power plants
Yuthana Praiwan, Published on 13/07/2023
» SET-listed BCPG, the power generation arm of energy conglomerate Bangchak Corporation, has completed the purchase of two more gas-fired power plants in Pennsylvania for 8.9 billion baht as it continues to increase electricity generation capacity in the US.
Demco keen on new acquisitions
Business, Yuthana Praiwan, Published on 16/06/2023
» SET-listed Demco, a contractor and engineering service provider, plans to diversify into digital technology businesses and continue to grow its renewable energy portfolio, although it admits missing an opportunity to join the state renewable development scheme.
Bangchak doubles down on oil and gas
Business, Yuthana Praiwan, Published on 25/03/2023
» The age of renewable energy, with electric vehicles (EVs) predicted to dominate the transport sector, has not swayed energy conglomerate Bangchak Corporation Plc from the oil and gas business.
BCPG announces capital expenditure at B39bn for expansion
Yuthana Praiwan, Published on 24/03/2023
» SET-listed BCPG Plc, a power generation flagship of Bangchak Corporation, announced capital expenditures for this year at 39 billion baht for business expansion in domestic market and overseas.