Gulf Purchases $128 Million Hydropower Project in Laos
Gulf Development, a publicly listed telecom operator and Thailand’s largest market-value energy firm, has acquired full ownership of the Pak Lay hydropower project in Laos for US$128 million. The move…
Gulf Pursues Power Plant Development in the U.S.
Gulf Energy Development, Thailand’s largest power company by market capitalization, is planning to acquire a new gas-fired power plant in the U.S. with a generation capacity of 1,000 megawatts, marking…
Gulf Aims for 20% Share of Energy Available for Auction
Gulf Energy Development, Thailand’s largest private power producer by market capitalization, is vying for the rights to develop new power plants with the goal of securing 20% of the 3.6-gigawatt…
Gulf Reports Q2 Profit of B4.78 Billion on B32.6 Billion in Revenue
Gulf Energy Development reported total revenue of 32.6 billion baht for the second quarter of this year, achieving a core profit of 4.78 billion baht, largely fueled by strong performance…
Partnership Between Gulf and AIS for Solar Networks in Highland Regions
Gulf Energy Development, Advanced Info Service (AIS), and the Highland Research and Development Institute (public organization) have collaborated on the “Green Energy, Green Network For Thais” initiative to enhance the…
Gulf Denies Acquisition Speculation Amid Increase in KBank Ownership
Gulf Energy Development has denied any plans for a Kasikornbank (KBank) takeover, explaining that its recent increase in the bank’s shareholding is purely for investment purposes. The company, known as…