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The Latest Breaking News from Gulf Energy Development Plc

Gulf Energy Development Plc has raised 8 billion baht in green bonds for its wind power project, together with 12 billion baht worth of non-green bonds.

Bangkok Post

Gulf Energy bags 'Issuer of the Year' award

Gulf Energy Development Plc received the "Issuer of the Year" award at the Best Bond Awards 2022, hosted by the Thai Bond Market Association.

Bangkok Post

Gulf Gunkul eyes state clean energy projects

Gunkul Engineering Plc, a renewables developer and construction firm, is working with Gulf Energy Development Plc, Thailand's largest power producer by market value, to expand its renewable power businesses through government clean energy projects.

Bangkok Post

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Gulf completes purchase of US gas plant

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.

Bangkok Post

Gulf profits increase 37% to B12.1bn in 2022

Gulf Energy Development Plc posted revenue growth of 92% to 101 billion baht last year, driven by earnings from its power generation facilities, divestment and InTouch Holdings Plc, the parent firm of telecom operator Advanced Info Service (AIS).

Bangkok Post

Tris upgrades Gulf ratings, maintains stable outlook

Tris Rating has upgraded the company rating for Gulf Energy Development Plc to A+ from A, also moving the rating on Gulf's senior unsecured debentures to A from A-.

Bangkok Post

Sarath again richest shareholder, worth over B200bn

Sarath Ratanavadi, chief executive of Gulf Energy Development plc (GULF), is the richest shareholder in the Thai capital market for the fourth consecutive year, with shares worth 219 billion baht.

Bangkok Post

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Gulf's B10.8bn Thaicom buyout raises eyebrows

Gulf Energy Development Plc, Thailand's biggest private power producer by market value, is pushing for the acquisition of satellite service provider Thaicom Plc for 10.8 billion baht as it explores new business opportunities in the space economy.

Bangkok Post

Gulf leads the way in M&A category

Gulf Energy Development Plc won the "Deal of the Year Awards -- Mergers & Acquisitions Deal" award for the tender offer for securities of Intouch Holdings Plc and Advanced Info Service Plc (ADVANC) at the 19th SET Awards ceremony, held at the Stock Exchange of Thailand.

Bangkok Post

Gulf, Bangchak banking on sustainable innovations

Gulf Energy Development Plc and energy conglomerate Bangchak Corporation are determined to promote clean energy and energy technology innovations, aiming to pave the way for sustainable growth.

Bangkok Post

Gulf issues debentures worth B35bn

Gulf Energy Development Plc has successfully issued debentures worth 35 billion baht this month.

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

Carbon neutral quest

Setting net-zero targets has moved higher on many Asian corporate agendas.

Bangkok Post

Gulf Energy to seal crypto JV with Binance in Q2

Power producer Gulf Energy Development Plc expects to finalise a joint venture with the world's biggest cryptocurrency exchange, Binance, in the second quarter this year, a senior executive told Reuters in an interview.

Bangkok Post

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Bangkok Post

Gulf moves into Chiang Mai energy

Gulf Energy Development Plc, Thailand's largest private power producer by capital market, has acquired Chiang Mai Waste To Energy Co to operate an electricity generation facility as it aims to boost the renewable energy business and tackle increasing amounts of garbage.

Bangkok Post

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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