Ratchaburi Holding to invest Bt8 billion in 2012

atchaburi Electricity Generating Holding Plc is earmarked ot invest Bt8 billion this year, in 13 energy projects in and out of Thailand.

Noppol Milinthanggoon, chief executive officer of Ratch, said that under the investment plan, the company still focuses on three cores businesses comprising of electricity generation, renewable energy and related businesses. The greenfields, brownfields, and merger and acquisition are in the picture.
"To comply with our investment policy, we expect to share at least 25 per cent stake of each venture. We also look at neighbouring countries which shows greater potential in power industry due to economic growth leading to high demand of electricity to develop industry, business and household sectors," he said.

The Bt8 billion would be invested in 13 committed projects, which would boost the company’s generation capacity by 300 megawatt by the end of this year.
With debt to equity ratio at 0.97 times, Ratch is confident that it can raise funds to finance new investment.

In 2011, Ratch successfully added another 858 megawatts installed capacity mainly derived from Nam Ngum 2 Hydroelectric Power Plant in Laos, EDL Generation Plc(EDL-Gen) and RATCH-Australia Corporation Ltd.
In 2011, it reported Bt45.7 billion in revenue and Bt4.84 billion in net profit. It will pay out Bt2.25 per share in dividend, totalling Bt3.26 billion or 67.40 per cent of net profit.

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