Rayong Co-Generation Power Plant
Sector: Power Generation (CCGT) • Location: Thailand
Source: World Bank Group
The project entails the construction of a 92 MW co-generation power plant in Bankhai, Rayong. SPV is Nexif Ratch Energy Rayong Co, a JV between Nexif Energy Thailand (0.6%) and Denham Capital Management (99.4%). Total investment stands at $ 135.74 million. The debt package is provided by SMBC $ 30.13 million, Kasikornbank $ 47.15 million and Standard Chartered $ 27.5 million. Tenor of the debt is
- Status
- Prospective
- Sector
- Power Generation (CCGT), Natural Gas, Commercial, Government
- Location
- Thailand
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the construction of a 92 MW co-generation power plant in Bankhai, Rayong. SPV is Nexif Ratch Energy Rayong Co, a JV between Nexif Energy Thailand (0.6%) and Denham Capital Management (99.4%). Total investment stands at $ 135.74 million. The debt package is provided by SMBC $ 30.13 million, Kasikornbank $ 47.15 million and Standard Chartered $ 27.5 million. Tenor of the debt is 25 years, same as the length of the concession. Financial close took place on April 21, 2020. https://ijglobal.com/data/transaction/43403?name=Rayong%20Co-Generation%20Power%20Plant%20(92MW)&link=%2Farticles%2F147367%2Fthai-power-spv-changes-name |
Original sector | Energy |
Procurement method | |
Budget |
Location
Country | Thailand |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Natural Gas, Commercial, Government |
Article published date | 2024-05-18 |
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