EA: report cod of 48mw wind farm, Hanuman 5, on Friday.
Comment: Nothing new, but there are still several questions around their battery project…
PTTEP: will book immediate contribution of Murphy’s Malaysia assets from 2Q, expects full year Oil & Gas sales +7.5% yoy topped 344kbpd, EBITDA +16%, mulls to buy Murphy’s Vietnam & Brunei assets to add scale.
Comment: That came out of nowhere! Expect analysts to increase forecasts by +15-30% for the next 2 years should this go through.
TIGER: wins contract to build Sadao industrial estates in Songkla worth Bt 538m.
TSE: buys 49% stake in 5mw solar operator, Bang Sai Solar (BSS), for Bt 132.5m, expects to wrap up 2 M&A biomass powerplants in Vietnam total 50mw within May, reaffirms big jump 1Q from additional 20mw capacity cod in the quarter.
Comment: The value of the older renewable firms have dropped tremendously since the days of THB 100 mn / MW