Deal Announcements

  • Weerawong C&P represented Global Power Synergy, the power flagship of the PTT Group, in its USD 757 million investment in and development of a 250 MW Energy Recovery Unit
  • Weerawong, Chinnavat & Partners Ltd. represented Global Power Synergy Public Company Limited, the power flagship of the PTT Group, in its USD 757 million investment in and development of a 250 MW Energy Recovery Unit for the production and sale of power and 175 ton-per-hour steam from petroleum pitch under the Clean Fuel Project of Thai Oil Public Company Limited (“TOP”).

    The unit is part of TOP’s capacity expansion project. The power plant, still under construction, is expected to come online in 2023 and will sell power to TOP, which is the country’s second largest refiner, with a capacity of 275,000 barrels per day. The deal was signed on 10 May 2019.

    The Weerawong C&P team included Veeranuch Thammavaranucupt, Senior Partner, Samata Masagee, Partner, Nattaporn Pengkul, Partner, Peerapat Kumpayorm, Senior Associate and Pitchaya Kittiwittayakul, Associate.


     

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