EGCO sells a 49% stake in two power plant subsidiaries, Ban Pong Utility and Khlong Luang Utility, to J-POWER Holdings (Thailand).

EGCO has signed an agreement to divest a 49% stake in its wholly-owned subsidiaries, Ban Pong Utility and Khlong Luang Utility, to J-POWER Holdings (Thailand). The transaction is expected to be completed by Q2 2069, pending regulatory approvals.

This strategic move aims to strengthen cooperation with J-POWER, a current joint venture partner, fostering business alignment and opening opportunities for new domestic and international projects. It also enhances EGCO's investment flexibility and long-term financial stability.

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