Bangkok 7 Aug-BCPG Public Company Limited or BCPG signed a share purchase agreement. Additional investment in a natural gas power plant, Carol County Energy, Ohio, USA, with an investment of more than 145 million US dollars or 5,000 million baht, resulting in an increase in US capacity from 577 megawatts to 857 megawatts.
Mr. Niwat Adirek, Chief Executive Officer and President of BCPG, said that the additional investment in the Carol County Energy natural gas power plant project in Ohio this time, the company foresaw that the famous power plant Said to be able to generate income consistently. By selling electricity to the free electricity market PJM, the largest electricity trading market in the United States. and covers sales of electricity in more than 13 states in the United States. And because it is a power plant with high efficiency in electricity generation and low fuel consumption Therefore, there is a competitive advantage in bidding for electricity sales in the free electricity market. This additional share purchase increases BCPG's equity installed capacity of the Carol County Energy natural power plant project from 61 MW to 341 MW. watt
Since the beginning of this year, the company has expanded its business to the United States by acquiring stakes in four natural gas power projects, namely Carol County Energy and South Field Energy. Ryee in Ohio; Hamilton Liberty and Hamilton Petriot natural gas power projects in Pennsylvania. representing the current installed capacity of 857 megawatts in total. BCPG has a total capacity increase of 2,024 megawatts.-Thai News Agency
Source: Thai News Agency