TTC Energy Development Investment Joint Stock Company (TTC Energy) #44329

Created at
2022-06-23
Last update
2024-02-15

Involvements (2)

Name
Gulf Energy Development Public Company
Country of registration/origin
Thailand
Classification
Stock-exchange listed company

Relationship
Parent company
Parent relation
Local branch of parent company
Investment type
Shares/Equity
Ownership share
90 %
Comment
TTC Energy, established in 2017, is 90% owned by GED. GED is a leading private power generation company and has the largest portfolio of gas-fired power projects in Thailand.
Name
Asian Development Bank (ADB)
Classification
Multilateral Development Bank (MDB)

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
37 800 000
$
Loan date
2020-01-22
Comment
The Asian Development Bank (ADB) today signed a $37.8 million loan deal with TTC Energy Development Investment Joint Stock Company (TTC Energy) to provide long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant in Tay Ninh Province in Viet Nam.

Deals (Involvements as Operating company) (1)

ID
Target country
Vietnam
Intention of investment
Solar park Solar park
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
119.5 ha