BCPG Completes the Acquisition of 40% Stake in 700MW Combined-Cycle Power Plant in US

BCPG has announced that on 31 October 2023, the company completed the conditions under Purchase and Sale Agreement with 730 Carroll, LLC to acquire the additional 40% interests in Carroll County Energy Holdings LLC, which operates 700 megawatts combined cycle power plants in the US.

The initiation into the transaction was first announced on 4 August 2023, indicating an investment for the 40% shareholding of not exceeding $145 million (approx. THB 5,031 million).

BCPG stated that the company currently has the post-transaction ownership of 48.7% and installed capacity proportionate by ownership at 341 megawatts.