BANGKOK: Gulf Energy Development Pcl’s billionaire founder Sarath Ratanavadi plans 150 billion baht (US$4.6bil) of investment in power plants over the next four years after the company’s listing this month.
The initial public offering’s proceeds will help fund some of the outlay, with the rest coming from loans, Sarath, the company’s chief executive officer, said in an interview in his Bangkok office.
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