Gulf Energy Development acquires majority interest in Global Mind Management
Gulf Energy Development Public Company Limited has approved the Company’s investment through Kolpos Pte. Ltd., the Company’s wholly-owned subsidiary that is incorporated in Singapore, to acquire 70.5% of ordinary shares in Global Mind Investment Management Pte. Ltd. (GMIM) from Nech Opportunities Fund VCC with a total investment value of US$40 million.
GMIM is a holding company incorporated in Singapore. It has both direct and indirect investments in renewable energy businesses such as solar energy, hydropower, and wind energy, infrastructure businesses such as cargo port and warehouse, as well as agriculture-related businesses in Vietnam. The objective of such acquisition is to further expand investments in Vietnam
Country updates
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June 22, 2020
JA Solar supplies modules for 12.5 MW Thai floating solar power plant
Thailand's 12.5 MW floating power plant, which utilized JA Solar's high-efficiency PERC modules, has been connected to the grid. The plant is constructed in an industrial reservoir, and its generated...
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May 19, 2020
BCPG secures financing for 10 MW Lomligor wind project in Pak Panang
Asian Development Bank, Kasikorn Bank, and BCPG Public Company Limited signed a financial facility agreement to finance the 10 MW Lomligor Project, BCPG’s wind power plant located in Pak Panang...
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April 01, 2020
Super Energy Corporation invests THB14.6bn in 750 MW solar projects
Super Energy Corporation will be investing a total of THB14.614 billion (US$456.7 million) for the development of four solar photovoltaic plants with a combined capacity of 750 MW in Vietnam. T...
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January 27, 2020
B.Grimm, Energy China awarded for 45 MWac floating solar project in Sirindhorn Dam
Thai company B.Grimm Power PCL, in partnership with the China Energy Engineering Group Shanxi Electric Power Engineering, has won the tender launched by the state-run Electricity Generating...
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January 24, 2020
RATCH, GULF to build 1.4 GW Hin Kong Power Plant in Muang district
RATCH Group Public Company Limited (RATCH) and the Gulf Energy Development Public Company Limited (GULF) have concluded the joint cooperation in the 1,400 MW combined-cycle Hin Kong Power Plant p...
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