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BUSINESS

Ratch set to acquire new power generation assets

Business, Yuthana Praiwan, Published on 29/05/2024

» SET-listed Ratch Group, a power generation arm of the Electricity Generating Authority of Thailand, expects to soon finalise six new deals to acquire power generation assets with a combined capacity of 550 megawatts in Thailand and overseas, under a plan to increase renewable energy.

BUSINESS

Ratch getting ready to replace RG facility

Business, Yuthana Praiwan, Published on 28/11/2023

» SET-listed Ratch Group, a leading Thai private power developer, is gearing up to develop a new power plant once its ageing combined cycle power plant, which has supplied electricity to the Central region for almost 25 years, is formally retired.

BUSINESS

Ratch keen to invest B35bn

Business, Yuthana Praiwan, Published on 02/09/2023

» Ratch Group Plc, Thailand's largest private power producer by capacity, remains committed to its plan to earmark capital expenditure of 35 billion baht for expansion in both the power generation and non-power sectors this year.

BUSINESS

Gulf increases capital spending by 20%

Business, Yuthana Praiwan, Published on 29/08/2022

» SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has increased its capital spending by 20% to 120 billion baht as it plans to acquire more new assets in the clean energy sector.

BUSINESS

Ratch takes up THAI's BAFS shares

Business, Yuthana Praiwan, Published on 20/01/2021

» Ratch Group, Thailand's largest private power producer by capacity, has become a major shareholder in Bangkok Aviation Fuel Services (BAFS) by acquiring shares worth 2.7 billion baht from debt-ridden Thai Airways International (THAI) in a move to capture growth from the aviation fuel industry in the post-pandemic period.

BUSINESS

Ratch cinches funds for gas-fired plant

Business, Yuthana Praiwan, Published on 02/05/2020

» SET-listed Ratch Group, Thailand's largest capacity private power producer, has closed a deal to finance the 92-megawatt gas-fired co-generation Nexif Energy Rayong power plant project for an undisclosed sum.

BUSINESS

Gulf maintains plan to raise B10bn in debentures

Business, Yuthana Praiwan, Published on 04/03/2020

» SET-listed Gulf Energy Development Plc (GULF), Thailand's top capacity power generation firm, still plans to issue debentures by mid-year worth 10 billion baht despite the bourse being sluggish from the Covid-19 outbreak.

BUSINESS

Ratch aims to close 5 deals in 2020

Business, Yuthana Praiwan, Published on 20/02/2020

» SET-listed private power producer Ratch Group Plc plans to form new joint ventures and acquire more assets, expecting to close at least five deals in 2020.

BUSINESS

Gulf Energy prepares B20bn for expansion

Business, Yuthana Praiwan, Published on 16/01/2020

» Gulf Energy Development plans to allocate roughly 20 billion baht for 2020 capital expenditure to expand five ongoing power plants and three logistics infrastructures.

BUSINESS

Ratch sells 49% stake in HKH to Gulf

Business, Yuthana Praiwan, Published on 04/01/2020

» Ratch Group Plc has sold a 49% stake in Hin Kong Power Holding Co (HKH) to Gulf Energy Development Plc to form a joint investment for the 1,400-megawatt gas-fired power plant in Ratchaburi.