◂ Announcements

Jun 18, 2018ACQUISITIONRayong province, Thailand

PTT to acquire Glow Energy for over 100 billion baht

PTT Plc, through its power business arm GPSC, agreed to acquire 69.1% of Glow Energy from Engie for over 100 billion baht, with a mandatory tender offer for remaining shares.

Value

$3.10B (100.0B THB)

Status

Announced

Productselectricity

CompaniesEngie partner PTT acquirer Global Power Synergy Plc acquirer Glow Energy Plc target

Sectors#Power Generation Equipment

“PTT will soon proceed with the deal through its energy business arm, Global Power Synergy Plc (GPSC).”bangkokpost.com

1 source
bangkokpost.comBangkok Post - PTT taking on Glow for B100bnYuthana PraiwanJun 18, 2018

Summarized from public sources; check the original articles before acting on it.

More from Engie

profile ▸

Dec 10, 2019CONTRACTIowa City, Iowa, United States$1.17B
University of Iowa awards 50-year utility lease to ENGIE and Meridiam
Engie Engie partner apnews.com en.newsroom.engie.com
Dec 10, 2019CONTRACTIowa City, Iowa, United States
Meridiam and ENGIE awarded 50-year utility concession at University of Iowa
Engie partner University of Iowa customer meridiam.com
Sep 2, 2019CONTRACTFrance
ENDEL and TRACTEBEL win EDF contract to replace primary components at 900 MW plants
EDF customer Engie partner laborelec.com
Aug 26, 2019ACQUISITIONAustria
Engie Ineo to acquire Powerlines Group
Engie acquirer Powerlines target railjournal.com
Jul 31, 2019ACQUISITIONFrance
Engie signs agreement to acquire Powerlines group
Engie acquirer Powerlines target boursier.com
Apr 9, 2019CONTRACTSaudi Arabia (southwest and northwest coasts), Saudi Arabia120 jobs
Tractebel wins contract to build eight SWRO plants in Saudi Arabia
TRACTEBEL Engie partner constructionweekonline.com

Loading…

PTT to acquire Glow Energy for over 100 billion baht · Endata