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BUSINESS

Gulf expands in US with gas purchase

Business, Yuthana Praiwan, Published on 10/09/2022

» SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has purchased 49% of Jackson Generation, a gas-fired power plant in Illinois, for US$400 million (15 billion baht) as it embarks on its US expansion.

BUSINESS

Gulf, Bangchak banking on sustainable innovations

Business, Yuthana Praiwan, Published on 25/08/2022

» Gulf Energy Development Plc and energy conglomerate Bangchak Corporation are determined to promote clean energy and energy technology innovations, aiming to pave the way for sustainable growth.

BUSINESS

Ratch acquires two companies for $605m

Business, Yuthana Praiwan, Published on 18/08/2022

» Ratch Group Plc, Thailand's largest private power producer by capacity, has acquired two energy firms for US$605 million, part of a move to secure its long-term revenue.

BUSINESS

Tipco upbeat on asphalt sales outlook

Business, Yuthana Praiwan, Published on 17/08/2022

» SET-listed Tipco Asphalt Plc (Tasco), Thailand's biggest asphalt producer, expects its sales in 2022 to exceed 1.2 million tonnes which was achieved last year due to growing asphalt demand from road-related projects.

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BUSINESS

Super acquires 42.5% stake in KWP

Business, Yuthana Praiwan, Published on 11/08/2022

» SET-listed clean power generation firm Super Energy Corporation Plc (Super) continues to add energy assets to its portfolio by acquiring a 42.5% stake in Keyman Wind Power Co (KWP), the developer of the HBF1 wind farm project in Nakhon Ratchasima.

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BUSINESS

PTT sells Indonesian mines

Business, Yuthana Praiwan, Published on 03/08/2022

» National oil and gas conglomerate PTT Plc has decided to sell its Indonesian coal mining business for US$471 million as the firm continues to move towards clean energy.

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BUSINESS

Egco calls for calm after leak in Laos

Business, Yuthana Praiwan, Published on 19/07/2022

» SET-listed Electricity Generating Plc (Egco) is playing down a water leakage at its Nam Theun 1 hydropower plant in Laos, saying it is "normal" when a dam starts to reserve water.

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BUSINESS

Laos dam leaks normal, says Thai partner

Yuthana Praiwan, Published on 18/07/2022

» Reported leaks at the sides of the Nam Theun 1 Hydropower dam under construction in Laos were not a cause for concern and were normal when a dam began storing water, Electricity Generating Plc president Thepparat Theppitak said on Monday.

BUSINESS

Banpu diversifies through $150m investment in US

Business, Yuthana Praiwan, Published on 06/07/2022

» SET-listed non-oil energy conglomerate Banpu Plc has diversified into the healthcare business by making an investment worth US$150 million in the US healthcare industry through a US-based healthcare investment fund.

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BUSINESS

Banpu completes Texas gas field acquisition

Yuthana Praiwan, Published on 02/07/2022

» The SET-listed energy company Banpu Plc says it has completed the acquisition of natural gas and midstream assets in a shale field in the US state of Texas from two subsidiaries of Exxon Mobil Corporation.