Post by account_disabled on Dec 26, 2023 10:05:34 GMT
Khonburi Sugar Group Power Plant Infrastructure Fund or KBSPIF raises funds in an amount not exceeding 2,800 million baht to invest in rights to benefits from electricity business operations from the biomass power plant of Khonburi Electricity Generating Company Limited at the rate of 62 percent of revenue. Received according to the contract to sell electricity to EGAT in the amount of not more than 22 megawatts (MW) and the contract to sell electricity to Khonburi Sugar for another 3.5 megawatts throughout the contract period of approximately 20 years, reinforcing the strength of the operational potential that continues to grow. Create stability in cash flow to support outstanding returns. Ready to reserve investment units on 4-7 Aug. 2020 at a price of 10 baht per unit at all Krungthai Bank branches.
Mr. Issara Thawintermsap, Director of Khonburi Sugar Public Company Limited or KBS, which operates a complete sugar production and distribution business, revealed that Khonburi Electricity Generating Company Limited (KPP), which the Khonburi Sugar Group Holding 99.99% of shares, established the Khonburi Sugar Group Power Plant Infrastructure Fund or KBSPIF Fund to invest in power plant infrastructure businesses. that Email Marketing List has the potential to generate income and provide good return opportunities for the KBSPIF fund. KPP will use the proceeds to invest in expanding new biomass power plants in the future. This creates the most beneficial use of renewable resources from the sugar production process. and help create stability in the country's electrical energy. The biomass power plant that uses fuel from sugarcane bagasse of Khonburi Electricity Generating Company Limited or KPP is a combined heat and electricity production system. (Cogeneration System) with a total power production capacity of 73 megawatts.
The performance of the KPP power plant has grown continuously over the past 3 years (2017-2019), with total revenue from electricity sales according to the contract in 2017. Totaling 689.21 million baht, increasing to 901.59 million baht in 2018 and in 2019, there was an income of 972.71 million baht. Mrs. Chawinda Hanratanakul, Managing Director Krungthai Asset Management Public Company Limited, as the KBSPIF fund management company, said that the Khonburi Sugar Group Power Plant Infrastructure Fund (KBSPIF) will offer investment units for the first time to the general public. The fund raising limit is not more than 2,800 million baht to invest in rights to benefits from KPP's electricity business operations at the rate of 62 percent of the revenue from the electricity sales contract to the Electricity Generating Authority of Thailand (EGAT).
Mr. Issara Thawintermsap, Director of Khonburi Sugar Public Company Limited or KBS, which operates a complete sugar production and distribution business, revealed that Khonburi Electricity Generating Company Limited (KPP), which the Khonburi Sugar Group Holding 99.99% of shares, established the Khonburi Sugar Group Power Plant Infrastructure Fund or KBSPIF Fund to invest in power plant infrastructure businesses. that Email Marketing List has the potential to generate income and provide good return opportunities for the KBSPIF fund. KPP will use the proceeds to invest in expanding new biomass power plants in the future. This creates the most beneficial use of renewable resources from the sugar production process. and help create stability in the country's electrical energy. The biomass power plant that uses fuel from sugarcane bagasse of Khonburi Electricity Generating Company Limited or KPP is a combined heat and electricity production system. (Cogeneration System) with a total power production capacity of 73 megawatts.
The performance of the KPP power plant has grown continuously over the past 3 years (2017-2019), with total revenue from electricity sales according to the contract in 2017. Totaling 689.21 million baht, increasing to 901.59 million baht in 2018 and in 2019, there was an income of 972.71 million baht. Mrs. Chawinda Hanratanakul, Managing Director Krungthai Asset Management Public Company Limited, as the KBSPIF fund management company, said that the Khonburi Sugar Group Power Plant Infrastructure Fund (KBSPIF) will offer investment units for the first time to the general public. The fund raising limit is not more than 2,800 million baht to invest in rights to benefits from KPP's electricity business operations at the rate of 62 percent of the revenue from the electricity sales contract to the Electricity Generating Authority of Thailand (EGAT).