Mitihoon – BCPG Public Company Limited, a leading renewable energy company in the Asia-Pacific region, has maintained its corporate and debenture ratings at “A” with a “Stable” outlook by TRIS Rating, reflecting the company’s strong and reliable cash flow from long-term Power Purchase Agreements (PPAs), diversified investment portfolio, and its strategic role in driving Bangchak Group toward its Carbon Neutrality goals.
Mr. Ravee Boonsinsukh, President and CEO of BCPG, revealed that TRIS Rating Co., Ltd. has reaffirmed the company’s corporate and debenture ratings at “A” with a “Stable” outlook, highlighting BCPG’s solid business fundamentals and consistent revenue generation under long-term PPAs, along with its large and regionally diversified renewable energy portfolio.
TRIS Rating also recognized BCPG’s effective Capital Recycling Strategy, which enhances financial flexibility, optimizes funding efficiency, and supports sustainable cash flow generation for future growth.
In addition, BCPG has been designated as a “Highly Strategic Subsidiary” of Bangchak Corporation Public Company Limited, underscoring its key role in supporting Bangchak Group’s mission to achieve Carbon Neutrality by 2030 and Net Zero by 2050.
“TRIS views BCPG as one of Bangchak Group’s major contributors of clean and environmentally friendly energy, with steady performance and strong potential for future growth. The company’s ongoing expansion into digital infrastructure also strengthens its long-term revenue base and growth opportunities. As a result, TRIS Rating has affirmed BCPG’s rating at ‘A’ with a ‘Stable’ outlook”, Mr. Ravee concluded
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