Electricity Generating Public Company Limited or EGCO Group confirmed the completion of the sale of its 100% ownership interest in Boco Rock Wind Farm Pty Ltd (BRWF), the company that holds a 113 MW wind farm located in the state of New South Wales, Australia, to Tilt Renewables, a renewable company in Australia.
Dr. Jiraporn Sirikum, President of EGCO Group, said, "The transaction of the sale of 100% ownership interest in the BRWF between Millennium Energy B.V. (Millennium), a wholly owned subsidiary of EGCO Group, and Tilt Renewables was fully completed on 7 March 2025. This marks the withdrawal of EGCO Group from the BRWF. The divestment in the BRWF follows EGCO Group's "Triple P" strategy to emphasize portfolio management for asset recycling to reinvest in new projects with higher growth potential that create long-term continuous growth."
EGCO Group continues to focus on expanding power generation capacity both domestically and internationally. This will include natural gas-fired power plants, which are crucial for energy security during the energy transition, as well as renewable energy plants, with an aim to increase renewable energy capacity up to 30% of total power capacity by 2030.
Electricity Generating Public Company Limited or EGCO Group, Thailand's first Independent Power Producer (IPP) and now a leading international power company, celebrated the 33rd anniversary of its establishment on 12 May 2025. To thank its partners and stakeholders for their continued support, the company recently hosted a celebration reception. The event was chaired by Dr. Prasert Sinsukprasert, Permanent Secretary of the Ministry of Energy and Chairman of EGCO Group, and was attended by Dr
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