Global Power Synergy Public Company Limited (SET: GPSC) announced on Monday that the company and Copenhagen Infrastructure Partners Group (CIP) via CI NMF I Cooperatief U.A. (CI NMF I) have established WindPower Development Company Limited (WPD).
With an initial registered capital of THB 1 million, GPSC and CI NMF I hold 51 percent and 49 percent of the shares in WPD, respectively.
The company’s objective is to jointly explore opportunities in wind energy and develop wind projects with a focus on Thailand according to the Joint Venture Agreement with Copenhagen Infrastructure Partners (CIP).