Banpu PowerNews · 2026-01-13 16:00

Banpu Power invites shareholders to an EGM on January 29, 2026, to approve its amalgamation with Banpu and a partial divestment of U.S. gas-fired power plant interests.

Banpu Power (BPP) is convening an Extraordinary General Meeting to seek shareholder approval for its amalgamation with Banpu Public Company Limited and the sale of a 25% stake in its U.S. gas-fired power plants to BKV Corporation.

This strategic restructuring aims to enhance BPP's position within the Banpu Group's "Power+" business, strengthen its financial standing, and create opportunities for new investments.

Fast Facts

·EGM Date: 29 January 2026
·EGM Time: 1:30 p.m.
·Amalgamation: Banpu Power Public Company Limited with Banpu Public Company Limited
·Divestment: 25% membership interest in BKV-BPP Power LLC
·Divestment Buyer: BKV Corporation
·Assets Involved: Temple I & II gas-fired power plants (U.S.)
·Share Swap Ratio: 1 BPP share to 0.80208 new company shares
·Dissenting Shareholder Purchase: Banpu Minerals Company Limited in Q2 2026
·New Entity SET Listing Target: Q3 2026

Power Generation

ESG & Finance

Source

Banpu Power invites shareholders to an EGM on January 29, 2026, to approve its amalgamation with Banpu and a partial divestment of U.S. gas-fired power plant interests.