Milestones

2022

January 2022

The Company issued THB 1,000 million senior unsecured debentures to repay liabilities and/or to finance working capital expenditures.

June 2022

The Company issued 2 debentures worth THB 2,800 million, Tranches 1 is a Green Bond which offered for the first time. The successful in this offering reflected investor’s confidence in the Company’s business fundamentals, and the Company’s commitment to do the business with environment care and towards to sustainable development which has always been the core of the Company’s business operations.

July 2022

Premium Clarified Water for Gulf Tasit 3 and Gulf Tasit 4 power plant began COD at full capacity of 3,800 cubic meters at WHA ESIE 1

Aug 2022

WHAUP signed Water Purchase Agreement with Cardinal Health 222 (Thailand) Limited, located in WHA ESIE4, to supply industrial water including Premium Clarified Water at the capacity of 4,600 cu.. per day

Oct 2022

• WHAUP AIE Reclamation Water Co., Ltd., a subsidiary of WHAUP, started the first supply of Demin Water to Purac (Thailand) Ltd. at the contractual capacity of 2,160 cubic meter per day.
• SET selected the company as one of the ‘Sustainable Stock’ or listed company in the Thailand Sustainability Investment (THSI) for the year 2022, for the third consecutive years. This reflects the company’s potential to grow a sustainable business with good corporate governance, as well as to create value for its stakeholders including Environmental, Social and Governance (ESG)

Dec 2022

The Company issued THB 1,500 million senior unsecured debentures to repay liabilities and/or to finance working capital expenditures.

2021

February 2021

The Company issued THB 700 million senior unsecured debentures to repay liabilities and/or to finance working capital expenditures

March 2021

WHAUP has enter into MOU with Ban Chang municipality to collaborate in Water management program under Ban Chang Smart City supported by EEC.

July 2021

The Company issued THB 3,500 million senior unsecured debentures to repay liabilities and/or to finance working capital expenditures

August 2021

WHAWT, a subsidiary of WHAUP signed Joint Venture Agreement (JVA) with Asia Industrial Estate Co., Ltd in order to jointly develop utilities business including wastewater reclamation in AIE (Maptaphud) industrial estates.

September 2021

• WHASL, a subsidiary of WHAUP signed a power purchase agreement (PPA) with Prinx Chengshan Tire Company Limited to invest in a 19.44 MW solar rooftop system for electricity sale over 25 years.
• WHAUP receive the Outstanding Innovative Company Awards from the SET Awards 2021 for its innovation on Demineralized Reclaimed Water, an alternative water resource for sustainable development.

November 2021

SET selected the company as one of the ‘Sustainable Stock’ or listed company in the Thailand Sustainability Investment (THSI) for the year 2021, for the second consecutive year. This reflects the company’s potential to grow a sustainable business with good corporate governance, as well as to create value for its stakeholders including Environmental, Social and Governance (ESG)

December 2021

WHAUP has executed Water Purchase Agreement with Gulf TS3 and Gulf TS4 for the 3,800 cu.m. per day Premium CW to be COD in July 2022.

2020

January 2020

The Company has executed an MOU with the Provincial Electricity Authority (PEA) for joint participation of the ERC sandbox programme and co-development of smart energy system in WHA industrial estates

February 2020

The Company issued THB 3,000 million senior unsecured debentures to repay liabilities and to finance working capital expenditures

May 2020

WHAUP has signed the water purchase agreement for Premium Clarified Water with Gulf VTP Company Limited, Gulf TS 1 Company Limited and Gulf TS 2 Company Limited for the capacity of 1.9 million cubic meters per year for 15 years.

July 2020

Premium Clarified Water for GULF began COD at full capacity of 5,200 cubic meters at ESIE.

November 2020

WHAWT, a subsidiary of WHAUP has signed the water purchase agreement for Demineralized Water with Global Power Synergy Public Company Limited. (“GPSC”) (phase 2) for the capacity of 1.6 million cubic meters per year for 15 years.

December 2020

The Company has executed an MOU with PTT PLC and Sertis Company Limited for the joint development of renewable energy trading platform (Smart Energy Platform) in WHA industrial estates.

The Wastewater Reclamation Project, the project in which the Company has expanded the investment, at WHA EIE with total production capacity of 25,000 cubic meters per day completed the construction.

2019

January 2019

Gulf NLL 2 Power Plant Project is a Small Power Producer (SPP) project, which is a joint venture between WHAEG and Gulf MP in the proportion of 25.01% and 74.99% respectively, with the installed capacity of 127 MW. It is located at WHA RIL Industrial Estate, which its commercial operation date was in January 2019.

April 2019

WUPNA acquired 47.3 percent of total shares in Cua Lo Water Supply Joint Stock Company (“Cua Lo”) the water operation in Nghe An with the total capacity 4,745,000 cubic meters per year.

June 2019

WHA Project Eastern Seaboard NGD 4 Project is a joint venture between Gulf Energy Development (Public) Company Limited and MITG (Thailand) Company Limited for operating the business of natural gas distribution through pipelines to industrial customers in the WHA ESIE 4. Its commercial operation date was in June 2019.

August 2019

WHAUP (SG) 2DR PTE. LTD. (“WUPSD”), the subsidiary of WHAUP entered into the Share Purchase Agreement to buy share of Duong River Surface Waterplant Joint Stock Company (“SDWTP”), WUPSD acquired 34 percent of total shares of SDWTP.

October 2019

WHAWT, a subsidiary of WHAUP has successfully commercial operation date (COD) of the Demineralized Water plant to sell Demin water to Global Power Synergy Public Company Limited. (“GPSC”) under the water purchase agreement of 1.5 million cubic meters per year for 15 years.

November 2019

CCE, a joint venture company established by Glow Group, SUEZ and the Company, an 8.63 MW industrial-waste-to-energy power plant, located in the WHA Chonburi Industrial Estate, Chonburi Province with a contracted capacity of 6.90 MW under a Power Purchase Agreement (PPA) with the Provincial Electricity Authority (PEA), has achieved commercial operation start in November 2019

December 2019

WHAUP enter into the 30 years land lease agreement with PTTPLC to invest and operate the wastewater treatment plant in EECi (Wangchan Valley) with initial capacity 400,000 cubic meters per years.

2018

January 2018

The Gas-fired Small Power Producer by Gulf TS4 Power Plant, a joint venture between WHAEG and Gulf MP at shareholding 25.01 percent and 74.99 percent respectively. Gulf TS4 Power Plant has an installed power capacity of 130 MW, located in WHA ESIE 1 which achieved the Commercial Operation Date (COD) on January 2018

The Company was assigned from WHAID for the production and distribution of industrial water in WHA ESIE 4. Its production capacity is 3,600 cubic meters per day.

May 2018

WHAUP Nghe An Joint Stock Company (“WUPNA”), the subsidiary of WHAUP was established since 2 May 2018 with the registered capital of 29,950,800,000 VND to invest in utilities business.

WUPNA entered into the Right lease and Land sublease agreement with WHA Industrial Nghe An Joint Stock Company on 28 May 2018, WUPNA shall invest and operate in the water utilities in WHA Industrial Zone1, Nghe An in Vietnam.

June 2018

The Company issued 5,000 million of bond issuance. 4,000 million of bond issuance to refinance existing bank loan to reduce finance cost and 1,000 million of bond issuance for working capital for operation and support the development of projects in the future.

August 2018

The Company was established WHA Solar Company Limited (“WHASL”) under WHAEG which is a subsidiary of the Company to carry out solar power business with a registered capital of THB 200 million

November 2018

WHAUP entered into the 50 years Right lease agreement with WHA Industrial Estate Rayong Co., Ltd. (the joint venture company between WHAID. and IRPC) on 28 November 2018 to invest and operate in the water utilities in WHA Industrial Estate Rayong.

December 2018

WHA Eastern Seaboard NGD 2, a joint venture company between Gulf Energy Development Public Company Limited and MITG (Thailand) Limited. In order to conduct the distribution and retail trade of natural gas to Industrial customers in WHA EISE 2 achieved the Commercial Operation Date (COD) on December 2018

WHASL Signed Private PPA with Electrolux, ZF Lemforder, Hitachi TST, Umicore, JJR, Nikkei Siam, Danieli, Sabina, DSG, Somboon Group and other is total amount of 11.26 MW which achieved the Commercial Operation Date (COD) on May December 2018 of 2.64 MW

2017

April 2017

The Company listed shares on the Stock Exchange of Thailand with registered capital of 3,825,000,000 Baht

May 2017

The Gas-fired Small Power Producer by Gulf VTP Power Plant, a joint venture between WHAEG and Gulf MP at shareholding 25.01 percent and 74.99 percent respectively. Gulf VTP Power Plant has an installed power capacity of 137 MW, located in ESIE which achieved the Commercial Operation Date (COD) on May 2017.

July 2017

The Extraordinary General Meeting on 30 June 2017 approved the changing of par value from 5 Baht to 1 Baht and the company’s shares had been traded with the new par value starting from 13 July 2017.

The Gas-fired Small Power Producer by Gulf TS1 Power Plant, a joint venture between WHAEG and Gulf MP at shareholding 25.01 percent and 74.99 percent respectively. Gulf TS1 Power Plant has an installed power capacity of 134 MW, located in ESIE which achieved the Commercial Operation Date (COD) on July 2017.

August 2017

The Company issued THB 4,000 million of bond issuance to refinance existing bank loan to reduce finance cost.

September 2017

The Gas-fired Small Power Producer by Gulf TS2 Power Plant, a joint venture between WHAEG and Gulf MP at shareholding 25.01 percent and 74.99 percent respectively. Gulf TS1 Power Plant has an installed power capacity of 134 MW, located in ESIE which achieved the Commercial Operation Date (COD) on September 2017.

October 2017

The Company obtained right to develop the distribution and retail trade of natural gas projects from WHAID.

November 2017

The Gas-fired Small Power Producer by Gulf TS3 Power Plant, a joint venture between WHAEG and Gulf MP at shareholding 25.01 percent and 74.99 percent respectively. Gulf TS3 Power Plant has an installed power capacity of 130 MW, located in WHA ESIE 1 which achieved the Commercial Operation Date (COD) on November 2017.

2016

March 2016

On 30 March 2016, the Company and the WHAID Group’s signed the Strategic Partnership Agreement and the Right Lease Agreements for the production and distribution of industrial water and the operation of wastewater treatment services in seven current projects namely WHA EIE, WHA CIE 1, WHA CIE 2, WHA ESIE 1, WHA ESIE 2, WHA SIL and WHA RIL. The lease term is 50 years from the signing date.

The Company increased its registered capital from THB 645 million to THB 1,645 million for payment for the right lease for the production and distribution of industrial water and the operation of wastewater treatment services in seven current industrial estate projects of the WHAID Group’s.

May 2016

The Company increased its registered capital form THB 1,645 million to THB 3,200 million in order to receive all shares transferred of WHAEG.

The Gas-fired Small Power Producer by Gulf VTP Power Plant, a joint venture between WHAEG and Gulf MP at shareholding 25.01 percent and 74.99 percent respectively. Gulf VTP Power Plant has an installed power capacity of 137 MW, located in ESIE which achieved the Commercial Operation Date (COD) on May 2016.

June 2016

WHAEG accepted a transfer of 74.99 percent. of each of the total shares of 11 solar rooftop power companies, which are WHA Gunkul 1-6, 8-10, 16 and 17, from WHA Corporation Public Company Limited Group’s (“WHA”)

July 2016

On 21 July 2016, the Company’s shareholders, during extraordinary general meeting No. 3/2016, resolved to approve the following matters: (i) the Company’s conversion into a public limited company named WHA Utilities and Power Public Company Limited, (ii) the change in par value of THB 5 per share, and (iii) the capital increase from THB 3,200 million to THB 3,825 million by issuing 125 million ordinary shares with a par value of THB 5 each for an initial public offering. The Company’s conversion into a public limited company was registered with the Ministry of Commerce on 10 August 2016.

November 2016

The Gas-fired Small Power Producer by B.Grimm Power (WHA) 1 Power Plant, a joint venture between WHAEG and B.Grimm Power Public Company Limited (“BPWHA-1”) at shareholding 25.01 percent and 74.99 percent respectively. B.Grimm Power (WHA) 1 Power Plant has an installed power capacity of 130 MW, located in WHA CIE 1 which achieved the Commercial Operation Date (COD) on November 2016

December 2016

WHAEG, the Company’s subsidiary, has a joint investment with Gulf MP in one SPP, by holding equity of 25.01 in Gulf NLL2 Company Limited having a contracted power generating capacity of 120 MW.

2015

January 2015

The Company increased its industrial water production capacity in WHA ESIE 1 from 30,000 cubic meters per day to 54,000 cubic meters per day.

2014

August 2014

The Company was assigned from WHAID for the production and distribution of industrial water in WHA CIE 2. Its production capacity is 6,000 cubic meters per day.

2013

April 2013

The Company increased its industrial water production capacity in ESIE from 36,000 cubic meters per day to 48,000 cubic meters per day.

May 2013

The Gas-fired Small Power Producer by Gulf JP NLL Power Plant, a joint venture between WHAEG and Gulf MP Company Limited (“Gulf MP”) at shareholding 25.01 percent and 74.99 percent respectively. Gulf JP NLL Power Plant has an installed power capacity of 123 MW, located in WHA RLI which achieved the Commercial Operation Date (COD) on May 2013.

2012

March 2012

WHAWT, a subsidiary of the Company, increased its clarified water production capacity in WHA EIE from 43,200 cubic meters per day to 86,400 cubic meters per day.

November 2012

The Company increased its industrial water production capacity in WHA ESIE from 12,000 cubic meters per day to 30,000 cubic meters per day.

2011

March 2011

WHA Energy Company Limited (“WHAEG”), a subsidiary of the Company, was incorporated on 2 March 2011 under the name of Hemaraj Energy Company Limited with a registered capital of THB100 million and was formed to invest in other companies engaging in power business. The Company holds 99.99 percent. of shares in WHA Energy Company Limited.