BPP’s US gas plant buy closing soon
Part of coordination with parent’s assets
Banpu Power (BPP), a power generation arm of non-oil energy conglomerate Banpu, expects its plan to acquire a gas-fired power plant in the US to be completed in the first half of this year.
The acquisition of the plant, with installed capacity of more than 1,000 megawatts, is among several asset purchase deals under the company’s due diligence review before its final decision.
All target power generation facilities have power purchase agreements, though some are under construction.
BPP’s latest investment plan in the US is designed to synergise with its mother…
