Thailand's BCPG eyes US$300m expansion

It's looking to invest in Australia, South Korea, and Japan.

CEO Bundit Sapianchai revealed that the company targets to expand its generating capacity above 700MW. It expects to reach this figure by end-2018 as it new wind, solar, and geothermal projects will be coming online in Thailand, Japand, the Philippines, and Indonesia.

It currently operates around 600MW across its portfolio.

The portfolio includes shares in three geothermal facilities in Indonesia wherein BCPG shelled out US$357m.

In Thailand, the utility is nearing completion of an expanded rooftop solar programme with property developer Sansiri.