Company History
Chow Energy Public Company Limited was established on 9 December 2014 with the fully paid-up registered capital of 570,000,000 THB, and the purpose to do a business as Holding Company by holding shares of various companies running a business related to investment, generation and sales of electricity from various kinds of energy. CHOW STEEL INDUSTRIES PUBLIC COMPANY LIMITED is a major shareholder.
December
- Chow Steel Industries Public Company Limited By resolution of the Board of directors meeting No.10/2014 on 10 December 2014, resolved to establish Chow Energy Co., Ltd. ("CE") with registered capital of 221,536,980 Baht, through 22,153,698 ordinary shares with a par value of 10 Baht per share in order to Restructuring for the Company’s subsidiary group.
- CE to purchase all shares in PSCL, a total of 71,000 shares at a price of 761.38 Baht. The selling price is a fair value based on the net present value calculated by the Financial Advisers.
- CE to purchase all shares in CI, a total of 1,300,000 shares at a price of 128.83 Baht. The selling price is a fair value based on the net present value calculated by the Financial Advisers.
- Established 3 indirect subsidiaries :
- Premier Solution GmbH "PSGM" in Germany for the purpose of project insurance and quality assurance of alternative energy project,
- Sun Energy GK "Sun" in Japan, and
- Sol Power GK "Sol" in Japan for the purpose of supporting investment in solar power project in Japan
February
- Increase of registered capital from 221,536,980 Baht to 570,000,000 Baht
- RICI a joint venture company to invested in solar power project in Japan h a capacity of 27.22MW with the total value of 2,872.30 million Baht.
- Chow Steel Industries Public Company Limited by resolution of the Board of Directors Meeting No.1/2015 on 17 February 2015 has approved for Chow Energy Co., Ltd. registration as a public company limited and listing on the Stock Exchange of Thailand (SET) or Market of Alternative Investment (mai)
June
- 5 June 2015, Oita solar power project a capacity of 3.2604MW has been completed and ready to COD.
August
- Invested in solar power project in Japan (Phase 2) approximately 15MW with the total value of about 1,215 million Baht
September
- On 10 September 2015, Ibaraki solar power project in Japan a capacity of 1.2MW has been completed and ready to COD
- On 21 September 2015, 3 solar power projects in Japan thus Nagata project a capacity of 1.0MW, Goryo project a capacity of 1.5MW, and Shibushi project a capacity of 1.0MW ready to COD
November
- On 20 November 2015 Hamada1 solar power project with a capacity of 11MW are ready to COD
April
- Confirm listing of Chow Energy Co., Ltd. on the Stock Exchange
May
- H.E.Mr.Bansarn Bunnag Ambassador of the Kingdom of Thailand site visit the solar power plant Hamada1, Hamada City, Shimane Prefecture, Japan
June
- Registered as a public company limited under the name "Chow Energy Public Company Limited" and changed its par value from 10 Baht to 0.50 Baht per share