EGCO Group sells 49% stakes in Ban Pong and Khlong Luang power plants to J-POWER as part of its asset recycling strategy.

EGCO Group has divested 49% stakes in its Ban Pong and Khlong Luang combined cycle power plants to J-POWER Holdings (Thailand) Co., Ltd. This strategic move aligns with EGCO's "POWER4" and "Asset Recycling" initiatives, aiming to enhance financial flexibility.

The transaction allows EGCO to reallocate capital towards new, high-growth business opportunities while strengthening its long-standing partnership with J-POWER for improved operational efficiency and future joint ventures.

Fast Facts