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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Gulf Energy Development to acquire 49% stake in Jackson Generation for $409.6m · Endata

◂ Announcements

Sep 9, 2022ACQUISITIONWill County, Illinois, United States

Gulf Energy Development to acquire 49% stake in Jackson Generation for $409.6m

Thailand-based Gulf Energy Development has signed an agreement to acquire a 49% stake in the Jackson Generation Power Station in Illinois, USA, for $409.6 million. The transaction is expected to close by December 2022.

Value

$409.6M

Status

Announced

Capacity

1200 MW

Productselectricity

CompaniesGulf Energy Development acquirer J-POWER Jackson Partners target

Sectors#Power Generation Equipment

“As electricity demand in the United States continues to increase, Gulf sees the opportunity to develop other power projects.”nsenergybusiness.com

1 source
nsenergybusiness.comGulf Energy to acquire 49% stake in Jackson Generation for $409.6mVidya Sagar MaddelaSep 9, 2022

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

More from Gulf Energy Development

Mar 27, 2024CONTRACTChonburi and Rayong provinces, Thailand
MHPS wins EPC order for 5,300MW Gulf Sriracha gas power plant in Thailand
Mitsubishi Hitachi Power Systems partner Mitsubishi Electric supplier flenco.com
Mar 31, 2022NEW FACILITYChonburi Province, Thailandops 31 Mar 2022
Third M701JAC gas turbine unit begins commercial operation at GTCC plant in Chonburi, Thailand
Mitsubishi Power Gulf Energy Development partner asian-power.com
Oct 1, 2021EXPANSIONChonburi Province, Thailand, Thailandops 1 Oct 2021
Second M701JAC gas turbine unit begins commercial operation at GTCC power plant in Thailand
Mitsubishi Heavy Industries Gulf Energy Development customer mhi.com
Apr 7, 2021NEW FACILITYChonburi and Rayong Provinces, Thailand, Thailandops 7 Apr 2021
First M701JAC gas turbine enters operation in Thailand
Mitsubishi Power supplier Gulf Energy Development customer powerprogress.com
Mar 31, 2021EXPANSIONChonburi Province, Thailand, Thailandops 31 Mar 2021
Mitsubishi Power inaugurates first M701JAC gas turbine in Southeast Asia at Thai GTCC plant
Mitsubishi Power Mitsubishi Power supplier power.mhi.com power-eng.com
Sep 30, 2020CONTRACT100 km west of Bangkok, Thailand
Mitsubishi Power signs EPC contract for 1,400 MW GTCC plant in Thailand
Mitsubishi Power Mitsubishi Power supplier power.mhi.com modernpowersystems.com powerline.net.in

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