Glow Energy

Glow Energy PCL
Type Public
Traded as SET: GLOW
Industry Electricity
Founded October 1993 (1993-10) [1]
Headquarters Bangkok, Thailand
Area served Thailand, Laos
Key people Esa Pauli Heiskanen (CEO)
Parent GDF Suez
Website www.glow.co.th

Glow Energy PCL is a power and utility company in Thailand. The company was established in 1993. Glow Energy is one of the largest private electricity generators in Thailand.[2] Its core business is to produce and supply electricity to EGAT, and to produce and deliver electricity, steam and processed water to industrial customers.

The company has four major production facilities in industrial areas in Rayong and Chonburi Provinces. As of 31 December 2009 (2009 -12-31), the company had a total generating capacity of 1,860 MW of electricity and 967 tons per hour of steam. Electricity sales account for over 80% of total revenues in 2009. The sale of steam provides the rest of the revenues.[3] In addition to Thailand, Glow Energy operates in Laos.[4][5]

Glow Energy is a subsidiary of GDF Suez; the French energy company has a 69% stake.

References

  1. ^ Glow Energy (2010). Annual Report 2009. http://glow.listedcompany.com/misc/ar/ar2009_part02.pdf. Retrieved 18 November 2011. 
  2. ^ "Glow Energy Company Description". Hoover's, Inc.. http://www.hoovers.com/glow-energy/--ID__139529--/free-co-profile.xhtml. Retrieved 2009-01-22. 
  3. ^ "Glow Energy 2009 Annual Report". http://glow.listedcompany.com/misc/ar/ar2009_part02.pdf. Retrieved 2010-10-15. 
  4. ^ "Thai Glow buys Laos power plant for $45 mln". Forbes. 2008-09-15. http://www.forbes.com/afxnewslimited/feeds/afx/2008/09/15/afx5422654.html. Retrieved 2009-01-22. 
  5. ^ "Thai Glow Energy close to power plant deal in Laos". Reuters. 2008-09-10. http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSBKK6597720080910. Retrieved 2009-01-22. 

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