News
BCPGNews · 28 May 2026BCPG sells its stake in two US natural gas power plants for over 18 billion baht.
TTWRegulatory · 28 May 2026TTW Public Company Limited announced the resignation of Ms. Payawo Marittanaporn from her director and committee roles.
PEANews · 28 May 2026PEA is repairing 15 power poles that fell due to heavy rain, blocking a highway in Mae Hong Son.
- BCPGRegulatory · 28 May 2026
BCPG Hamilton sells its 25% stake in Hamilton Holdings II, which owns two US natural gas power plants, to Vistra Operations Company LLC for at least $575 million.
SCGRegulatory · 28 May 2026Siam Cement Public Company Limited (SCC) announced it will publish its UBS Asian Investment Conference 2026 Roadshow Presentation online.
Metropolitan Electricity AuthorityNews · 28 May 2026Metropolitan Electricity Authority announces temporary office closures for a public holiday, promoting online services.
- PEANews · 28 May 2026
PEA delivers a solar power system with battery storage to Ban Nam Ri Phatthana Sub-district Health Promoting Hospital in Nan Province.
PTT GCNews · 28 May 2026GC and Toray successfully scaled up the production technology for 100% bio-based Nylon 6,6 precursors using agricultural waste.
- Metropolitan Electricity AuthorityNews · 28 May 2026
MEA received a cybersecurity award and celebrated NCSA's 5th anniversary, reaffirming its commitment to digital energy security.
- PEANews · 28 May 2026
PEA warns that theft of electrical wires and transformers is illegal under both civil and criminal law.
- PEANews · 28 May 2026
PEA Deputy Governor attended NCSA's 5th anniversary and made a donation to Chulabhorn Hospital.
- PTT GCNews · 27 May 2026
PTT Global Chemical receives the 'Thailand Capital Markets Deal' award from IFR Asia Awards 2025, affirming investor confidence in its financial strength and long-term growth strategy.
BangchakNews · 27 May 2026Bangchak Corporation clarifies BCPG's 2022 investment in the Phetchaburi oil terminal, addressing public concerns about the transaction.
- Metropolitan Electricity AuthorityNews · 27 May 2026
Metropolitan Electricity Authority (MEA) announced the postponement of its recruitment exam schedule and candidate list.
- BangchakRegulatory · 27 May 2026
Bangchak Corporation reported the latest results of its share repurchase program for financial management.
- PEANews · 27 May 2026
PEA and NBTC signed an MOU to organize communication cables on utility poles in Thailand's provincial areas.
- SCGRegulatory · 27 May 2026
SCG approved a restructuring of its three cement and building materials business groups into a single entity and announced new executive appointments.
- Metropolitan Electricity AuthorityNews · 27 May 2026
MEA partners with six transport agencies to integrate underground power line projects for Bangkok's sustainable smart city development.
- PEANews · 27 May 2026
PEA invites all sectors to save energy through its new "carbonMICE" event carbon management platform.
- BangchakRegulatory · 26 May 2026
Bangchak Corporation reported the results of its share repurchase program for financial management.
BCPGNews · 2026-05-28 00:00
BCPG sells its stake in two US natural gas power plants for over 18 billion baht.
BCPG's board approved the sale of its 25% stake in Hamilton Holdings II, LLC, which owns two natural gas power plants in Pennsylvania, US, for approximately $575 million. The transaction is expected to be completed by Q3 2026.
This sale will enhance BCPG's financial liquidity and flexibility, supporting future strategic investments in clean energy and infrastructure, and enabling partial debt repayment.
Fast Facts
- ·Seller: BCPG Public Company Limited
- ·Assets sold: Investment in Hamilton Holdings II, LLC (owner of Hamilton Liberty and Hamilton Patriot natural gas power plants)
- ·Location of power plants: Pennsylvania, USA
- ·BCPG's indirect stake sold: 25% (via subsidiary in Hamilton Holdings II, LLC)
- ·Total proportionate capacity sold: 426 MW
- ·Total enterprise value of assets: Over 575 million USD (approx. 18,754 million THB)
- ·Expected cash proceeds for BCPG: Approx. 354 million USD
- ·Total cash received (including past dividends): Approx. 426 million USD (1.6x initial investment)
- ·Transaction completion target: Q3 2026
- ·Remaining US investments for BCPG: Carroll County Energy LLC (CCE) and South Field Energy LLC (SFE), total 431 MW proportionate capacity
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BCPG sells its stake in two US natural gas power plants for over 18 billion baht.