Thailand’s Gulf Energy Development has announced that it has invested $409 million to acquire a 49 per cent stake in Jackson Generation, a 1200 MW gas-fired power plant in Illinois, USA. This is Gulf Energy’s first project in the USA.

More info

World Future Energy Summit 2027 (WFES 2027)

Yupapin Wangviwat, CFO of Gulf Energy, said: “As electricity demand in the United States continues to increase, Gulf Energy sees the opportunity to develop other power projects and is also considering the potential for additional investments there.”