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Home  > Research Focus  >  Emerging Renewable Power Markets  >  Thailand Ratchets Up Southeast Asia Wind

Thailand Ratchets Up Southeast Asia Wind

May 23, 2012

On 15 May 2012, the diversified Thai power generation group, Ratchaburi Electricity Generating Holding (RATCH), delivered its Q1 2012 results, which included a growing emphasis on its wind power portfolio. In April 2012, the group confirmed its plans to increase its wind power plant investments in Australia by 200 MW, to reach 300 MW installed with US$600 million of investment. These investments will succeed its acquisition of Australia's Transfield Services Infrastructure Fund (TSI), which is slated for completion in June 2012 and includes an 80% stake for US$813 million. Key trends in this On Point include:

  • Near-term wind market improvements deliver growth to RATCH Thai portfolio.
  • TSI acquisition well-timed for Australia wind market resurgence.
  • RATCH's wind footprint growth is tempered by Southeast Asia's broader challenges.

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