04/08/2026
We are thrilled to announce that the landmark amalgamation between Banpu Public Company Limited and Banpu Power Public Company Limited has been successfully completed.
Thanathip & Partners proudly served as legal adviser to both Banpu and Banpu Power throughout this transformative internal group restructuring — from initial structuring, through the general offer process and regulatory approvals, all the way to completion, working alongside Kiatnakin Phatra Securities (KKP) in its role as financial adviser.
The newly amalgamated entity commences trading on the Stock Exchange of Thailand today under the ticker "BANPU". The merged group will operate under four strategic pillars: Next-Gen Mining, U.S. Closed-loop Gas, Power Plus, and Future Tech — streamlining the group's corporate structure, unlocking synergies, and enhancing operational agility as Banpu accelerates its energy transition towards Net Zero.
This deal represents a major milestone — not only for our clients but for Thailand's capital markets and energy landscape. It has been a privilege to work alongside Banpu, Banpu Power and KKP in bringing this complex, multi-faceted transaction to fruition.
Congratulations to the entire Banpu and Banpu Power teams on this remarkable achievement!
Our team was led by Thanathip Pichedvanichok and Nitchaya Vaneesorn, and assisted by Pattariya Sinthawachiwa, Pachara Wattanaskolpant, Tanakorn Iamsamang, Witchayaporn Klaysubun, and Klakawee Pluemcharoen.