Glow Energy PCL is a power and utility company in

Thailand Thailand, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. With a population of almost 66 million, it spa ...

established in 1993. Glow Energy is one of the largest private

electricity Electricity is the set of physical phenomena associated with the presence and motion of matter possessing an electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwel ...

generators in

. Its core business is to produce and supply electricity to EGAT, and to produce and deliver electricity, steam, and processed water to industrial customers. EGAT power purchase agreements are central to Glow's business, accounting for 59.7 percent of revenues in 2015. Glow Energy is a

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

Engie Engie SA (stylised in all caps as ENGIE) is a French multinational electric utility company, headquartered in La Défense, Courbevoie. Its activities cover electricity generation and distribution, natural gas, nuclear power, renewable energy ...

. The French energy company has a 69.11 percent stake in Glow. The company has four major production facilities in industrial areas in

Rayong Rayong (, ) is a city (''thesaban nakhon'') on the east coast of the Gulf of Thailand and the capital of Rayong province. It covers tambons Tha Pradu and Pak Nam and parts of ''tambons'' Choeng Noen and Noen Phra, all within Mueang Rayong dist ...

and Chonburi Provinces. , the company had a total generating capacity of 3,207 MW of electricity and 1,206 tons per hour of steam. Electricity sales accounted for over 85.4 percent of total revenues in 2015. The sale of steam accounted for 12.1 percent. In addition to Thailand, Glow Energy operates a hydroelectric plant in

Laos Laos, officially the Lao People's Democratic Republic (LPDR), is the only landlocked country in Southeast Asia. It is bordered by Myanmar and China to the northwest, Vietnam to the east, Cambodia to the southeast, and Thailand to the west and ...

's Attapeu Province. Glow generates electricity using natural gas (62.6 percent of total cost of sales in 2015), coal (16.8 percent of total cost of sales in 2015), and, increasingly, solar.

Financials

Glow in 2015 reported revenues of 65,369 million

baht The baht (; , ; currency sign, sign: ฿; ISO 4217, code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). Prior to decimalisation, the baht was divided into eight ''fueang'' (, ), each of eight ''at'' (, ). The ...

, total assets of 117,169 million baht, and a net profit of 8,355 million baht, all down from FY2014 results. The company employed over 800 persons.

References

External links

Glow websiteGlow Energy Public Company Limited
(by Google Finance) Electric power companies of Thailand Electric power companies of Laos Energy companies established in 1993 Companies listed on the Stock Exchange of Thailand Companies based in Bangkok 1993 establishments in Thailand {{thailand-stub