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Bangkok Post
Bangkok Post
Business

Gulf completes purchase of US gas plant

Jackson Generation's gas-fired power plant in Illinois in the US.

Gulf Energy Development Plc, Thailand's largest power producer by market value, is set to rake in more revenue after becoming an owner of Jackson Generation, a 1,200-megawatt gas-fired power plant in the US.

The company will immediately realise a share of profit from Jackson Generation, said Yupapin Wangviwat, Gulf's chief financial officer.

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