29-05-2025
Top Thai Wind Power Firm to Fund $2 Billion of Spending With IPO
Thailand's largest wind power producer plans to spend 65 billion baht ($2 billion) to almost triple its generation capacity over the next 12 years, and will go public to fund the expansion.
Wind Energy Holding Co. Ltd. is targeting 2,000 megawatts of domestic installed capacity by 2037, from the current 700 megawatts, Chief Executive Officer Nuttpasint Chet-Udomlap said in an interview in Bangkok. It's also exploring projects in the Philippines, he said.