Super Energy Corporation Public Company Limited

Super Energy Corporation, or SUPER, is preparing to offer a new bond series worth 2 billion baht between October 6 and 8, 2026, with interest rates of 5.55% to 5.90% per year and interest paid every three months throughout the life of the bonds. The company said it has a track record of paying interest and repaying principal in full and on time every time. Meanwhile, Jomsap Lojaya continues to push the business forward to generate revenue and drive sustained growth.

Super Energy Corporation, or SUPER, reported first-half net profit of 859.73 million baht, up 246.64% from the same period a year earlier, on total revenue of 3.94 billion baht. The company is preparing to recognise revenue from two wind power projects in Vietnam, Soc Trang and Bac Lieu, with a combined power purchase agreement capacity of 129 megawatts, which are set to begin commercial operation, or COD, during the remainder of 2026 and will lift SUPER's total capacity to 1,532.86 megawatts from 1,430.88 megawatts at present. As for roughly 3.5 billion baht in receivables owed by Vietnam Electricity, or EVN, the company has already set aside 550 million baht in provisions for the impact and expects payment soon. Meanwhile, financial costs fell 14.38%, bringing the debt-to-equity ratio, or D/E, down to 1.94 times, while EBITDA before foreign exchange effects and one-off items from the sale of investments stood at 3.051 billion baht, or an EBITDA margin of about 80%. The company is continuing to seek new investment opportunities in solar, wind and waste-to-energy power plants, and is watching the 2026 Power Development Plan, or PDP, which, if it opens the door to more renewable capacity, would see the company ready to join bids to build a new long-term growth engine.

Super Energy Corporation, or SUPER, is preparing to issue and offer a new series of bonds, its second issuance of 2026, in two tranches with a combined offering value of not more than 2 billion baht. The bonds will be offered to the general public between 6 and 8 October 2026, after the company received permission from the Securities and Exchange Commission, or SEC. Jomsap Lojaya, Chief Executive Officer of SUPER, said the bonds are unsubordinated, unsecured, and pay interest every three months throughout the life of the bonds. The first tranche has a maturity of one year and six months, due in 2028, with an interest rate of 5.55% per year, and the second tranche has a maturity of two years, due in 2028, with an interest rate of 5.90% per year. The company plans to use the proceeds to repay bonds maturing in the total amount of 1.44 billion baht, to support investment expansion of 60 to 100 million baht, and to repay loans from financial institutions of 460 to 500 million baht. For its operating results in the first six months of 2026, ending 30 June 2026, SUPER reported net profit of 859.73 million baht, an increase of 246.64% from the same period last year, while total revenue was 3.94 billion baht and its interest-bearing debt to equity ratio stood at 1.66 times. For this offering, the company has appointed Beyond Advisor Company Limited as financial advisor and bond distribution manager, together with nine other securities companies, with Asia Plus Securities Company Limited acting as the bondholders' representative.

Super Energy Corporation, or SUPER, is preparing to expand its renewable power plant portfolio by seizing investment opportunities under Thailand's draft Power Development Plan, PDP2026, which covers the years 2026 to 2050 and sets a new power generation framework of roughly 50,900 megawatts, with an emphasis on clean energy including solar, wind and battery energy storage systems, or BESS. SUPER Chief Executive Officer Jomsap Lojaya said the company is interested in joining the community solar project, which has a combined capacity of 1,500 megawatts, and aims to secure about 200 megawatts of capacity from that project. If it meets that target, it will add renewable power generation capacity to the company's portfolio and support growth opportunities going forward. SUPER is also monitoring investment opportunities from other clean energy projects under PDP2026, particularly solar, wind and BESS projects, which are playing a growing role in the country's power generation mix.

SUPEREIF, the Super Energy power plant infrastructure fund, has revised its solar panel replacement plan, cutting the number of target projects from 4 to 3: Hua Wa 2, Ban Lam 1, and Ban Lam 2, while cancelling the Non Hom project. The total capacity of the panels to be replaced has been raised to 4.52 megawatts from the original plan of 4.02 megawatts. Pornchalit Ploykrajang, Managing Director of Real Estate & Infrastructure Investment at Bualuang Asset Management, said the revised plan lifts the total investment budget for solar panel replacement to 37.15 million baht, of which SUPEREIF's 80 percent share amounts to 29.72 million baht. The main reason is that additional damage to solar panels was found during inspections, requiring capacity at the Ban Lam 1 project to be increased to 2.00 megawatts. Because the cost of amending permits is relatively high, the targets were consolidated into just 3 projects. Global solar panel costs have also risen after the Chinese government announced the cancellation of value-added tax rebates for exported panels, surging raw material prices, and the impact of oil prices. The fund selected Super Energy Corporation, or SUPER, as the winning bidder, and 17 Anyavee Holding, or 17AYH, will sign the contract hiring SUPER in mid-September 2026. The replacement of solar panels across all 3 projects is expected to be fully completed by the end of February 2027. The plan uses high-efficiency 480 W Vertex S+ Dual Glass Monocrystalline panels from Trina Solar. The old panels that are removed and remain in good condition will be used as spare parts for replacement in other projects. Every (Thailand) Co., Ltd., the technical advisor and fund supervisor, views the plan as appropriate both technically and economically, and expects it to significantly increase the projects' power generation and revenue, with a payback period of about 11 months to 1 year and 3 months.

Super Energy Corporation, or SUPER, says Vietnam Electricity, or EVN, is preparing to sign amendments to power purchase agreements and pay all overdue amounts owed to the company around October to November this year, after Vietnam's National Assembly approved measures to resolve problems that arose over the past four years and empowered the Prime Minister to direct EVN to make the payments and move projects forward. This follows a Government Inspector review of more than 400 renewable energy projects, which concluded that nearly all of them had supplied electricity correctly and in full. Meanwhile, the Loc Ninh 3 project has received provincial approval to change its land use purpose and is awaiting a CCA licence in the next two to three months. On financial restructuring, the company brought in joint-venture partners and sold some projects, cutting debt by more than 10 billion baht and reducing its D/E ratio to 1.6 times, while setting aside 550 million baht in risk provisions. If the full amount is repaid, it will immediately be recognised as revenue and profit. For its growth strategy, the company is focusing almost 100% of investment in Thailand, with Big Lot renewable projects totalling 355 megawatts, split between 315 megawatts of solar combined with energy storage systems and 40 megawatts of wind. It also has 150 megawatts of Private PPA projects in operation and is negotiating with two to three new customers, each around 50 to 60 megawatts. It aims to double generating capacity, or grow 100%, from a base of more than 400 megawatts of solar capacity in Thailand within the next two to three years, and is ready to support the PDP 2026 plan, which is expected to open additional purchases of 10,000 to 20,000 megawatts of renewable energy, including community solar projects with a combined target of about 1,500 megawatts, each sized at 5 to 8 megawatts. The company is studying the feasibility and preparing to take part in the bidding.

Super Energy Corporation Public Company Limited (SUPER) expects its operating results in the second half of the year to continue growing, supported by its wind power plant projects in Vietnam that have started commercial operation (COD) with an additional 102 megawatts. This brings the total contracted capacity under the power purchase agreements (PPA) of the two wind power projects to 129 megawatts. Meanwhile, the company has received overdue electricity payments from Vietnam Electricity (EVN) amounting to 3.5 billion baht, which strengthens its financial position. For the first six months of 2026, the company reported a net profit of 859.73 million baht, an increase of 246.64% from the same period last year. The company continues to seek opportunities to expand investments in renewable energy businesses to generate sustainable returns for shareholders.

Three listed companies, NAM, SUPER, and TWPC, have disclosed their latest progress. NAM has presented technologies and solutions in Digital Transformation, AI, and Robotic Technology, along with a humanoid robot named NAMI, reflecting its product development approach focused on enhancing efficiency and reducing costs. Meanwhile, SUPER is preparing to hold an Opp-Day event on Friday, September 4, 2026, to update its business direction, following a 246.64% increase in profit for the first six months of the year and a 134.42% increase in the second quarter of 2026. As for TWPC, it announced the acquisition of Well-Grow Company Limited to strengthen its sauce and seasoning business, which will drive future growth and bring it closer to its Farm to Shelf goal.

Super Energy Corporation Public Company Limited (SUPER) is set to hold an Earnings Call or Opportunity Day on Friday, September 4, 2026, from 9:15 to 10:00 a.m. to update business direction and answer investor questions. This follows the announcement of its operating results for the first six months of 2026, with profit increasing by 246.64%, and for the second quarter of 2026, profit rising by 134.42%. Mr. Jomsap Lojaya, Chief Executive Officer, and Mrs. Kulchalee Nantasukkasem, Assistant Chief Executive Officer for Business Support Group, along with the management team, will provide information. Investors can watch via the SET Opportunity Day website, Facebook: SET Opportunity Day, and YouTube: SET Thailand.

Super Energy Corporation Public Company Limited (SUPER) has secured a long-term loan from the Bank for Investment and Development of Vietnam (BIDV) totaling 830 billion Vietnamese dong, or approximately 1,065 million baht, to support the Soc Trang wind power plant project, Phase 1, with a capacity of 30 megawatts. The loan has a term of 15 years. The approval of this loan by a major Vietnamese financial institution reflects confidence in the project's potential and SUPER's capability in managing renewable energy in Vietnam. Vietnam's electricity demand is expected to grow at an average of 6.3% per year during 2026-2030, while wind power is projected to grow at an average of 24% per year. The revised Power Development Plan (PDP8) targets an onshore and near-shore wind capacity of 26,066-38,029 megawatts by 2030. Having projects in Vietnam and access to local funding sources gives SUPER an advantage in expanding new projects and building a long-term revenue base.

Several Thai listed companies announced business updates at the same time. GULF disclosed that three joint ventures signed project loan agreements totaling no more than 8.6 billion baht with a 22-year tenor to develop three wind power projects with combined capacity of 208 megawatts. Commercial operation dates are expected to be phased in during 2027, with 25-year power purchase agreements with EGAT. Meanwhile, SCGP is spending 9.846 billion baht through Siam Kraft Industry Company Limited, a wholly owned subsidiary, to expand gypsum board paper production capacity in Kanchanaburi province by another 400,000 tonnes per year, with commercial operations expected in the fourth quarter of 2028. MPJ reported second-quarter 2026 net profit of 51.1 million baht, up 69.2 percent, and first-half profit of 74.8 million baht, up 25.1 percent, while maintaining this year's revenue target of 1.264 billion baht, growth of 18 percent, and preparing capital spending of more than 1.14 billion baht over the next two to three years, including expanding its Laem Chabang container yard by another 28 rai, with service expected to begin in the second quarter of 2027. SUPER signed a long-term credit facility with the Bank for Investment and Development of Vietnam worth 8.3 trillion dong, or about 1.065 billion baht, to support phase one of the Soc Trang Wind Power Plant with capacity of 30 megawatts. The loan has a 15-year tenor. WICE unveiled its second-half 2026 strategy, moving forward with expanding its customer network and regional trade routes, while also entering the US market and expanding its service area to 158,020 square metres.

Super Energy Corporation Public Company Limited, or SUPER, has successfully secured long-term financing from the Bank for Investment and Development of Vietnam, or BIDV, to support a wind power project in Vietnam. The company signed a 15-year long-term loan agreement worth 830 billion Vietnamese dong, or approximately 1.065 billion baht. The facility will support operations and investment management for phase one of the Soc Trang Wind Power Plant, which has a total contracted installed capacity of 30 megawatts. Chief Executive Officer Jomsap Lochaya said that receiving financial support from BIDV, one of Vietnam's largest banks by assets, confirms the confidence of regional financial institutions in the project's potential and in SUPER's ability to develop and manage renewable energy projects.

PTG swung to a net profit attributable to owners of the parent of 74 million baht in the second quarter of 2026, from a net loss of 205 million baht in the previous quarter, helped by improved gross profit per litre in its oil business and 61.5% year-on-year revenue growth at its Punthai Coffee business. The company maintained its target for non-oil businesses to contribute 40 to 45 percent of gross profit. Meanwhile, SUPER signed an agreement for long-term credit support with the Bank for Investment and Development of Vietnam worth about 1.065 billion baht to support the first phase of the Soc Trang wind farm project with installed capacity of 30 megawatts. SUSCO received an outstanding standard toilet award from the Bangkok Metropolitan Administration for 2026.

The government is preparing to inject a 200 billion baht loan into the country's energy transition mission, creating new opportunities across the system. Meanwhile, SUPER holds contracted capacity under power purchase agreements of 2,063.85 megawatts and is set to recognize the first phase of Bac Lieu at an additional 99 megawatts, strengthening its long-term revenue base. The SCB EIC economic and business research center estimates that the 400 billion baht emergency loan decree will pave the way for the government to move forward with the country's energy transition projects. Of that amount, 200 billion baht is focused on driving the energy transition through improving electricity usage efficiency, promoting renewable energy, supporting environmentally friendly vehicles, and upskilling and reskilling the workforce. One key project is a measure to support rooftop solar installation for households, which will help increase investment in distributed solar power generation systems and create opportunities for operators across the business chain. SUPER is considered one of the companies well positioned to benefit from this megatrend because it has a large renewable energy business base. It currently has total contracted capacity under power purchase agreements of 2,063.85 megawatts, with 1,433.88 megawatts already in commercial operation. The first phase of the Bac Lieu wind power project, with a capacity of 99 megawatts and expected to reach commercial operation soon, will lift commercially operating capacity to 1,532.88 megawatts, enlarging SUPER's renewable portfolio and helping to increase its revenue base from electricity sales going forward.

Super Energy Corporation, or SUPER, is preparing to begin commercial electricity sales, or COD, for two wind farms in Vietnam with combined capacity of 129 megawatts, comprising the 30-megawatt Soc Trang project and the 99-megawatt Bac Lieu project. This is expected to support performance in the second half of 2026, which is the high season for wind and solar power generation. Chief Executive Officer Jomsap Lojaya said the company is also in talks with partners to jointly develop new projects both domestically and internationally, such as solar power, wind power, and waste-to-energy plants, to strengthen long-term growth. Currently, SUPER has total contracted capacity under power purchase agreements of 2,063.85 megawatts, of which 1,433.88 megawatts have achieved COD. Including the first phase of the Bac Lieu project at 99 megawatts, which will achieve COD soon, total COD capacity will rise to 1,532.88 megawatts. For the first six months of 2026, the company reported net profit of 859.73 million baht, up 246.64 percent from the same period last year, total revenue of 3.94 billion baht, and EBITDA before foreign exchange impacts and extraordinary items of 3.05 billion baht, representing an EBITDA margin of 80 percent.

Super Energy Corporation is set to bring two wind power projects in Vietnam with a combined capacity of 129 megawatts into commercial operation between August and September this year. The Soc Trang 30 megawatt and Bac Lieu 99 megawatt projects will immediately start recognising revenue under long-term power purchase agreements. Chief Executive Officer Jomsap Lojaya is confident that second-half 2026 performance will continue to grow, supported by the new projects and partnership negotiations to expand the renewable energy business. The investment aligns with the Vietnamese government's PDP8 plan to accelerate the share of clean energy, amid rising electricity demand from foreign direct investment and industrial expansion.