Gulf Energy Development Public Company #45296

Created at
2024-02-15
Last update
2024-02-15

0 Parents (Involvements as child)

6 Children (Involvements as parent)

ID
Name
TTC Energy Development Investment Joint Stock Company (TTC Energy)
Country of registration/origin
Vietnam
Classification
Stock-exchange listed company

Relationship
Subsidiary company
Parent relation
Local branch of parent company
Investment type
Shares/Equity
Ownership share
90.00 %
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.
ID
Name
Wind Energy Development Co. Ltd., (WED)
Country of registration/origin
Thailand
Classification
Private company

Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
0.10 %
ID
Name
Gulf Tay Ninh 2 Joint Stock Company
Country of registration/origin
Vietnam
Classification
Private company

Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Ownership share
90.00 %
ID
Name
Luang Prabang Power Company Limited (LPCL)
Country of registration/origin
Lao PDR
Classification
Private company

Relationship
Subsidiary company
Investment type
Shares/Equity
Ownership share
20.00 %
ID
Name
Pak Beng Power Co., Ltd. (PBPC)
Country of registration/origin
Lao PDR
Classification
Private company

Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
49.00 %
ID
Name
Pak Lay Power Company Limited
Country of registration/origin
Lao PDR
Classification
Private company

Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
ulf Development Public Company Limited announced that its wholly owned subsidiary, Gulf Hydropower Holdings Private Limited, has acquired the remaining 60% equity stake in Pak Lay Power Company Limited from Sinohydro (Hong Kong) Holding Limited for approximately US$128 million. The deal includes both equity and shareholder loans.

1 Deals (Involvements as Operating company)

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