Banpu Public Company Limited (SET: BANPU) has informed the Stock Exchange of Thailand that on 13th June 2025, Banpu Renewable Singapore Pte. Ltd. (BRS), a subsidiary of Banpu NEXT Co., Ltd. (Banpu NEXT), entered into an agreement for the disposal of its investment interest under the Tokumei Kumiai (TK) structure in 10 solar power plants in Japan, with a total TK interest-based capacity of 91.69 MW to an investment vehicle managed by affiliates of Actis LLP for a total transaction value of approximately JPY 19,764 million (equivalent to THB 4,460 million). The transaction is expected to complete within 3Q2025.
The following solar power plants have been divested as part of the transaction.
Following the divestment, Banpu retains a portfolio of fully operational solar power plants in Japan, with a TK interest-based capacity of 54.00 MW (equivalent to 60.00 MW on a 100% basis). These assets continue to generate stable revenue and consistently deliver TK cash dividends.
