GULF Acquires Majority Stake in Jackson Generation Power Plant
1200 MW
Capacity
Gulf Energy Development acquired a 49% stake in Jackson Generation LLC, which owns a 1,200 MW natural gas-fired power plant in Illinois, from J-POWER USA Investment. The acquisition expands GULF's presence in the U.S. energy market.
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Counterparts (4)
Buyer
Gulf Energy Development Public Company Limited (GULF)
Gulf Energy Development Public Company Limited (GULF) is a Thailand-based infrastructure developer with a focus on power generation, renewable energy, and digital infrastructure. The company invests in and develops power projects, including gas-fired, solar, wind, and biomass power plants, as well as data centers and other infrastructure assets.
Gulf Development Public Company Limited (GULF)
Gulf Development Public Company Limited (GULF) is a leading Thai energy development company. They are committed to building a strong foundation for a sustainable future and expanding their business beyond energy.
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Sign up free →Timeline
Announced
Jul 1, 2025
Signed
Closed
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