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JERA sold Shares in Solar VSPP Business in Thailand2024/11/21

JERA Co., Inc. announces that it has sold all of its shares (equivalent to 49% of entire stake) in the solar VSPP power generation project in Thailand to Gunkul Engineering Public Company Limited. The project consists of six mega solar power plants.

 

JERA will continue to renew its portfolio going forward, selling assets and reinvesting the proceeds as it optimizes its asset allocation for compatibility with a changing business environment and seeks to expand earnings.

 

Outline of Solar VSPP Business in Thailand

Project Company Name

Gunkul Chubu Powergen Company

Power Plant Name

Bangkluai1

Bangkluai2

Wichienburi

Srichula

Noenpor

Buengsamphan

Location

Phetchaboon
 (North)

Phetchaboon
 (North)

Phetchaboon
 (North)

Nakhon Nayok (Central)

Phichit
 (North)

Phetchaboon
 (North)

Operating since

2011

2011

2013

2013

2013

2013

Contract capacity

3.0MW

4.4MW

8.0MW

8.0MW

4.5MW

3.0MW

 

 

Overview of Gunkul Engineering Public Company Limited

Location

Bangkok, Thailand

Business

Manufacturing and sale of power transmission, distribution and substation equipment

Renewable energy power generation business

EPC (engineering, procurement, and construction) of power plants

O&M (operation and maintenance) business