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Search Result for “ownership”

Showing 1 - 10 of 92

BUSINESS

Banpu acquires battery farm in US

Business, Yuthana Praiwan, Published on 03/02/2026

» Energy conglomerate Banpu Plc has announced a major step into the US battery energy storage market with the acquisition of the Megamouth Battery Energy Storage System (BESS) project in Texas, marking its latest move to grow its global battery farm portfolio.

BUSINESS

PTT Oil and Retail Business to start building hotels in petrol stations next year

Business, Yuthana Praiwan, Published on 24/11/2025

» PTT Oil and Retail Business Plc (OR), the oil trading arm of PTT Plc, will finalise its long-delayed budget hotel investment project next month, according to Wilaiwan Kanjanakanti, senior executive vice-president for finance and chief financial officer.

BUSINESS

Bangchak announces oil discovery at Talisker well in Norway

Yuthana Praiwan, Published on 29/08/2025

» SET-listed Bangchak Corporation Plc, an energy conglomerate, has announced a crude oil discovery at the Talisker exploration well in the Brage field, Norway.

BUSINESS

Nex Point upbeat on commercial EVs

Business, Yuthana Praiwan, Published on 09/06/2025

» SET-listed Nex Point, a commercial electric vehicle (EV) assembler under Energy Absolute Plc (EA), expects to escape losses this year thanks to increasing sales and a fundraising plan.

BUSINESS

Avaada Energy prepares to raise funds via IPO

Business, Yuthana Praiwan, Published on 20/05/2025

» Avaada Energy Private Ltd (AEPL), an Indian renewable energy firm owned by Global Power Generation Synergy Plc (GPSC), the power generation arm of PTT Plc, is preparing to raise funds under its initial public offering (IPO) scheme in India.

BUSINESS

Bangchak eyes delisting of BSRC unit

Business, Yuthana Praiwan, Published on 11/04/2025

» SET-listed Bangchak Corporation (BCP), an energy conglomerate, is working on a plan to delist its subsidiary Bangchak Sriracha Plc (BSRC), formerly Esso Thailand, from the stock market this year, as part of a business restructuring plan.

BUSINESS

Bangchak to make tender for Esso shares

Business, Yuthana Praiwan, Published on 24/02/2025

» Energy conglomerate Bangchak Corporation Plc (BCP) is restructuring its business for greater operational flexibility by making a tender offer to acquire all remaining shares in Esso Thailand, which was previously taken over by Bangchak and renamed Bangchak Sriracha Plc (BSRC).

BUSINESS

Bangkok Aviation Fuel Services upbeat on outlook for revenue

Business, Yuthana Praiwan, Published on 03/01/2025

» Bangkok Aviation Fuel Services Plc (BAFS) expects its revenue in 2025 to reach the high level recorded in 2019, driven by growing demand during the high season for tourism this year, says president ML Nathasit Diskul.

BUSINESS

Asia Green Energy shifts to biomass

Business, Yuthana Praiwan, Published on 01/11/2024

» SET-listed Asia Green Energy, a local bituminous trader and logistics service provider, is restructuring its business by focusing more on the green segment, following its new biomass acquisition.

BUSINESS

Egco offloads stake in US power plant

Business, Yuthana Praiwan, Published on 25/10/2024

» SET-listed Electricity Generating (Egco), a power generation arm of the Electricity Generating Authority of Thailand, has decided to adjust its investment in the US by selling the company's entire 49% stake in RISEC Holding, the operator of a Rhode Island-based combined cycle power plant.