Billionaire Sarath Ratanavadi’s Gulf Takes Over Lao Hydro Power Project In $128 Million Deal
- Posted on July 23, 2025
- By Forbes
- 2 Views
Billionaire Sarath Ratanavadi’s Gulf Takes Over Lao Hydro Power Project In $128 Million Deal
Gulf is buying 60% of the 770-megawatt Pak Lay Power—which is building a hydroelectric power plant in the Mekong region—for $128 million as the Bangkok-listed company scaled up investments in clean energy.
