Thailand’s EGCO anticipates major returns from US clean energy investment

Electricity Generating (EGCO), a subsidiary of the state-run Electricity Generating Authority of Thailand, anticipates significant revenue from its investment in Apex Clean Energy Holdings LLC. The company’s president, Thepparat Theppitak, expressed optimism about the potential benefits generated by Apex in the coming years, especially since the United States, where Apex runs its projects, is one of the world’s largest markets for clean energy.

In 2021, EGCO secured a 17.4% share in Apex, paving the way for a strategic alliance and promising new revenue streams from Apex’s existing and future projects. Thepparat believes that, in collaboration with Apex, EGCO will reap dividends from numerous clean and renewable energy projects developed and operated by Apex.

Apex is currently committed to developing and operating 242 projects with a…