33.8 C
Bangkok
Sunday, May 12, 2024

BCPG acquires two US power plants

The 857MW Hamilton Patriot combined-cycle power plant in Pennsylvania, a new asset acquired by BCPG. (Photo: BCPG)

SET-listed BCPG, the power generation arm of energy conglomerate Bangchak Corporation, has completed the purchase of two more gas-fired power plants in Pennsylvania for 8.9 billion baht as it continues to increase electricity generation capacity in the US.

The company signed an agreement to buy a 25% share in Hamilton Holdings II Llc from Franklin Power Holdings in April, said Niwat Adirek, chief executive and president of BCPG.

The investment was made through BCPG’s wholly-owned BCPG USA Inc.

Hamilton Holdings II operates the 848-megawatt Hamilton Liberty combined-cycle power plant in Asylum County and 857MW…

Read more…

Latest Articles