BanpuNews · 2026-01-13 16:00

Banpu launches a general offer to acquire all remaining shares of Banpu Power (BPP) for THB 13.00 per share, totaling approximately THB 8.46 billion.

Banpu Public Company Limited has initiated a general offer to purchase the remaining 21.34% of Banpu Power Public Company Limited (BPP) shares at THB 13.00 per share, ahead of an Extraordinary General Meeting to consider their amalgamation.

This strategic move is part of Banpu's Energy Symphonics strategy, aiming to consolidate its power generation business, capitalize on growth in electrification and AI-driven energy demand, and enhance stable, low-carbon energy delivery.

Fast Facts

·Acquirer: Banpu Public Company Limited
·Target: Banpu Power Public Company Limited (BPP)
·Offer type: General Offer for remaining shares
·Offer price per share: THB 13.00
·Shares to acquire: 650,532,203 shares
·Percentage of BPP: 21.34%
·Total offer value: THB 8,456.92 million (USD 259.51 million)
·Offer period: December 1-23, 2025 (business days)
·EGM date (Banpu & BPP): January 29, 2026
·Offer Agent: Kiatnakin Phatra Securities Public Company Limited

Power Generation

ESG & Finance

Energy Trading

People Mentioned

Sinon Vongkusolkit

Chief Executive Officer at Banpu Public Company Limited

Source

Banpu launches a general offer to acquire all remaining shares of Banpu Power (BPP) for THB 13.00 per share, totaling approximately THB 8.46 billion.