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The Latest Breaking News from Gulf Energy Development

Gulf moves into UK with investment in offshore wind farm

SET-listed Gulf Energy Development, Thailand's largest power producer by market value, continues to seek new business opportunities overseas with its latest investment in the development of a 1,500-megawatt offshore wind farm project in the UK.

Bangkok Post

Korat wind farm partners to appeal court ruling

SET-listed Gulf Energy Development and Gunkul Engineering Plc will appeal a Nakhon Ratchasima Administrative Court ruling revoking their land rights to operate a wind farm in the northeastern province.

Bangkok Post

Gulf, SCG urge government to assist Thai firms globally

Gulf Energy Development and Siam Cement Group (SCG) are urging the government to improve Thai companies so they can stand out in the global business arena.

Bangkok Post

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Gulf makes it to SET's THSI list for 2022

Gulf Energy Development is among 170 companies included on the Stock Exchange of Thailand's Thailand Sustainability Investment (THSI) list for 2022, making the register in the resources category for the fourth consecutive year.

Bangkok Post

Gulf kicks off Chon Buri gas-fired plant

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, continues to ramp up growth of its energy business by selling electricity from its newly built gas-fired power generation unit in Chon Buri.

Bangkok Post

Gulf expands in US with gas purchase

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has purchased 49% of Jackson Generation, a gas-fired power plant in Illinois, for US$400 million (15 billion baht) as it embarks on its US expansion.

Bangkok Post

Gulf Energy invests $409m for 49% stake in US gas-fired plant

SET-listed Gulf Energy Development (Gulf) on Friday said it has invested US$409 million in a 49% stake in Jackson Generation, a 1,200-megawatt natural gas-fired power project in Illinois, its first expansion into the United States.

Bangkok Post

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Gulf vows to stick with Binance deal

The scrapped Siam Commercial Bank (SCB)-Bitkub investment deal has not deterred Gulf Energy Development from its decision to venture into the digital asset business, with the company saying it was determined to benefit from the latest trend in new technology.

Bangkok Post

Crypto competition heats up

After months of market volatility and sliding prices, the digital asset landscape in Thailand is poised for intense competition, with new players lining up to enter the sector amid a tightening regulatory environment.

Bangkok Post

Gulf increases capital spending by 20%

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has increased its capital spending by 20% to 120 billion baht as it plans to acquire more new assets in the clean energy sector.

Bangkok Post

Gulf sells 50% stake in German wind farm for B11bn

SET-listed Gulf Energy Development has divested a 50% equity stake in the Borkum Riffgrund 2 offshore wind power project in Germany to the Keppel Group for around 11 billion baht.

Bangkok Post

Gulf core profit gains 36% in Q1

SET-listed Gulf Energy Development recorded a core profit of 3.25 billion baht in the first quarter of 2022, a rise of 36% from the previous year.

Bangkok Post

Gulf nets 4 HR awards

Gulf Energy Development Plc received four awards from the World HRD Congress, an independent organisation recognising achievements in human resource management, at three separate events.

Bangkok Post

Gulf Energy finalises Binance.US investment

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has concluded a deal to invest in a digital asset exchange service of the US-based Binance.US through seed funding of an unspecified amount as it continues to grow its digital technology business.

Bangkok Post

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Binance ties up with Gulf Energy Development on Thai Crypto Exchange

Binance Holdings Ltd reached an agreement with billionaire Sarath Ratanavadi’s Gulf Energy Development Plc to study a digital asset exchange in Thailand.

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