Wind Energy Holding Company Limited (WEH) announced that institutional investors and high-net-worth investors have shown enthusiastic interest in the company’s high-yield bond offering. On the first day of the offering, March 24, 2026, subscription volume exceeded expectations. This demonstrates investor confidence in the company’s operational potential as Thailand’s leading wind energy business.
The bonds come with a fixed interest rate of 7.00% per year and have a term of 2 years and 6 months, with interest paid every 3 months throughout the bond’s tenure. The company has never defaulted on its debt obligations, and it has consistently maintained strong operating performance for five consecutive years, unaffected by economic fluctuations. Between 2021 and 2025, WEH generated annual revenues exceeding 10,000 million baht, annual net profits of over 5,000 million baht, and annual operating cash flows of more than 9,000 million baht. Additionally, the company’s debt remains at a low level, with the latest debt-to-equity (D/E) ratio at only 0.55 times as of 2025.
WEH plans to utilize the proceeds from this fund raising for business expansion, investment in new project development, debt refinancing or repayment within the group, and enhancing liquidity as short-term working capital. WEH’s bonds are open for subscription until March 26, 2026, through leading securities companies, including DAOL, BYD, UOBKH, GLOBLEX, MST, TRINITY, PST, and Apollo Wealth.
