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.
EGCO Group announces 88% surge in 6M/2025 profit to THB 5,700 million, Confident in sealing deals for gas-fired power plants and renewable energy projects
EGCO Group Celebrates 33rd Anniversary of Energizing Today for a Brighter Tomorrow - Plans New Investments, Capacity Increases, and Related Business Expansion
EGCO Group holds the Shareholders' 2025 Annual General Meeting - Approved a second-half dividend of 3.25 baht per share, totaling 6.50 baht per share for the entire year
EGCO Group boosts its renewables fleet with acquisition of 251 MW wind and solar farms in the US
Chevron emerges as a lubricant industry leader showcasing its capabilities to be a strong supporting partner for sugar industry in Thailand
SYNNEX charts its future at "SYNNEX PARTNER CONNECT 2025", Embracing the AI Ecosystem with Global Partnerships to Drive a Sustainable Digital Era
WHAUP Signals Continued Growth in the Second Half, Driven by Rising Demand from Data Centers
SCGD Accelerates Toward Net Zero 2050, Advancing Clean Energy Investments and Cost Reduction Through Digital Technology and Automation to Enhance Competitive Edge Across ASEAN