EGCO Group Celebrates 33rd Anniversary of Energizing Today for a Brighter Tomorrow - Plans New Investments, Capacity Increases, and Related Business Expansion

EGCO Group is committed to further expanding its investments in the power sector - both in traditional and renewable energy - to ensure power security in all domestic and international locations where it operates. In 2025, the company expects to invest in several new projects, building on its significant success in 2024, when it completed the Yunlin Offshore Wind Farm in Taiwan and began transmitting a total of 640 MW of electricity to the grid. Beyond business expansion, EGCO Group remains dedicated to environmental stewardship and social responsibility through various initiatives implemented by its power plants. By contributing to society in these ways, the company aims to foster sustainable and harmonious growth. EGCO Group also supports natural resource and watershed forest conservation through the Thai Conservation of Forest Foundation (Thai Rak Pa Foundation).

Dr. Jiraporn Sirikum, President of EGCO Group, said that the 33rd anniversary celebration marks a memorable and proud moment for all EGCO Group employees. Over the years, the company has grown steadily - from a pioneering energy producer to a global industry leader in revenue, net profit, and power generation capacity. EGCO Group has also expanded its investments both in Thailand and internationally, with a strong focus on clean energy and green technologies to drive the sustainable transformation of the energy sector while ensuring long-term profitability.

EGCO Group has expanded its business within a sustainable development framework by increasing power generation from renewable sources, reducing its carbon footprint, and prioritizing Environmental, Social, and Governance (ESG) principles. The company has received international recognition, awards, and high rankings from various organizations, underscoring its credibility and transparency. One of its proudest achievements is being selected for inclusion in the Dow Jones Sustainability Indices (DJSI) for five consecutive years - a clear affirmation of EGCO Group's strong commitment to ESG practices. Currently, the company has a total equity capacity of 6,662 MWe in operation and under construction, generated by 44 power plants across 7 countries in the Asia-Pacific and North America regions. Of this total, 44% is generated by Thailand-based power plants, while the remaining 56% comes from its international operations.

Looking ahead, EGCO Group will continue to advance under its vision: "To be a major sustainable Thai energy company with full commitment to environment protection and social development support". The company is committed to increasing its power generation capacity through both gas-fired and renewable energy power plants, leveraging mergers and acquisitions (M&A), greenfield investments, and strategic investments in energy-related businesses, including renewable energy and energy innovation.

EGCO Group is also firmly committed to its long-term goals, which support the energy industry's transition toward a low-carbon society. These goals include reaching Net Zero emissions by 2050, achieving carbon neutrality by 2040, and increasing the proportion of renewable energy in its power generation portfolio up to 30% by 2030. To accomplish these targets, the company has adopted the "Triple P" strategy - Profitability and Performance Energizing, Power and Energy-Related Focus to support the energy transition through constant electricity generation, and Portfolio and People Management. EGCO Group remains dedicated to advancing sustainable growth under its guiding concept, "Energizing Today for a Brighter Tomorrow."

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