SSP advances 150 MW Bako wind farm with 8 billion baht investment

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Sermsang Power Corporation, or SSP, is pressing ahead with its 150 MW Bako wind power project in the Philippines, with an investment value of 8 billion baht. Phasakorn Panyarattanakorn, Chief Operating Officer, said construction is proceeding according to plan, including site preparation, road building and foundation work, while the 23 wind turbines are in the component manufacturing stage ahead of installation. The project has a 20-year long-term power purchase agreement and a commercial operation date set for the fourth quarter of 2027. It is the company's first project under the Philippine government's Green Energy Auction Program 2, or GEAP2. Asadej Kongsiri, a board member and Manager of the Stock Exchange of Thailand, said a range of risk factors, including surging US bond yields, energy problems and domestic flooding, could heighten concerns about non-performing loans and trigger a temporary shift of money out of the market. However, Thailand's economic fundamentals remain unchanged, and foreign investors met during roadshows in Japan, the United States and the United Kingdom are mostly large, long-term-focused funds interested in the clean energy transition policy and the Board of Investment's investment support measures. Meanwhile, Banpu, or BANPU, is bringing AI into its electricity trading business in Japan through Banpu Power Trading G.K. Niti Pitakteeratham, Country Head for Japan, said the company developed an AI model to analyse market data and price trends, assess trading opportunities, determine transaction sizes and manage risk, with traders making the final decision. AI now supports more than 90% of the company's electricity trading volume across six regions, after passing tests between January and March 2026 and delivering better returns and risk results than the previous approach. Separately, the Allie Real Estate Investment Trust, or ALLY, announced a capital increase unit offering price of 4.60 baht per unit, along with investment in three new projects: Chan At The Avenue Chaengwattana, Sai Mai Avenue and The Zone Town In Town. Kawin Iamsakulrat, Chief Executive Officer of Allie REIT Management Company Limited as the trust's manager, said the investment will lift total asset value to 15.151 billion baht, diversify the revenue base and strengthen cash flow. First-year distribution yield is expected at 10.3% per year, and the new units are scheduled to begin trading on 22 October 2026.

Impact on assets 4

Energy Transition & Power Demand▲
Banpu Public Company Limited
BANPU
▲ PositiveTechnologyrelevance

Banpu is deploying an AI model in its Japan electricity trading business, supporting over 90% of trading volume and delivering better returns and risk management.

Real Estate▲

Theme Impact 1

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