EGCO sells 49% stakes in Banpong Utilities, Klongluang Utilities to J-POWER for THB 2.77 billion

Reuters2026/09/10 10:08

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EGCO completed the sale of a 49% stake in Banpong Utilities (BPU) and Klongluang Utilities (KLU) to J-POWER.
Deal generated about THB 2.77 billion in immediate revenue recognition, supporting its asset-recycling strategy and liquidity.
EGCO retained 51%, keeping both plants as subsidiaries with ongoing profit-share and cash-flow recognition.
Settlement and share transfer completed on Sept. 10, 2026.
BPU operates 256 MW, KLU 122 MW; both have 25-year PPAs with EGAT.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EGCO - Electricity Generating pcl published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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EGCO sells 49% stakes in Banpong Utilities, Klongluang Utilities to J-POWER for THB 2.77 billion

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