Excitement is in the air as the Securities and Exchange Commission (SEC) has greenlit the latest financial endeavor by Wind Energy Holding Co., Ltd. (WEH). Announced with much anticipation, the company’s second debenture issuance of 2024, marking a 2.5-year term with maturation set for 2027, promises a robust 7.15% annual return. This enticing offer will flash before institutional investors and those oozing net worth, kicking off the festivities from October 29 to 31, 2024. The proceeds from this initiative are earmarked for business expansion, venturing into fresh projects, strengthening intra-group lending avenues, settling debts, and fueling working capital.
At the helm of this charged announcement is none other than Mr. Nuttpasint Chet-udomlap, the dynamic Chief Executive Officer steering the ship at WEH—Thailand’s trailblazer in wind energy. The date was October 25, 2024, a momentous day when the SEC gave its golden nod, approving the draft prospectus for WEH’s bold second act this year.
These debentures, characterized by a 2-year and 6-month period of maturation entrenching until 2027, exhibit enticing features. Picture this: name-registered, unsubordinated, and unsecured, yet buoyed by a diligent debenture holders’ representative. With a fixed interest rate gleaming at 7.15% annually, investors will find interest payments making a cheerful appearance every three months until the term concludes. The window of this remarkable opportunity opens wide for the shrewd institutional investor or the shrewder high net worth counterpart from October 29 to 31, 2024. Right on cue, the issuance date stands proudly on November 1, 2024.
In the grand scheme of things, this debenture is the lifeline intending to pulsate through WEH’s veins, driving business expansion, fertilizing new project terrains, handing out loans, bridging debt gaps within their inner circle, and oiling the wheels of working capital.
Mr. Chet-udomlap confidently extolled, “WEH stands as a beacon of stellar performance, boasting stable cash flows immune to economic tremors, and an enviable track record—no defaults! Our last three years narrate a triumphant tale: annual revenues consistently crossing the 10-billion-baht rubicon, with profits north of 5 billion baht, and cash flows coasting past the 9 billion baht mark. Steadfast returns to shareholders and debenture holders remain our hallmark.”
The company is steering with grand ambitions under a strategic 5-year business expansion plan. The sails are set to boost annual revenue to a spectacular 13 billion baht from the current 10 billion by amplifying power generation capacity from 717 megawatts to a whopping 1,500 megawatts. This green odyssey endeavors into the realms of new wind power plants and tantalizing solar energy projects, segments where WEH already wields authoritative expertise.
In the pursuit of growth, the company outlines plans to pioneer at least 10 new power plant projects. Included in this ensemble are 2 projects eagerly awaiting Power Purchase Agreement (PPA) signatures with EGAT, 2 wind power ventures ready to roll into the second round of the government’s renewable energy procurement spree, and 6 projects burgeoning with development awaiting the future government nod.
For those with an appetite for this invigorating opportunity, venture forth and connect with any of the 8 dashing debenture distributors: Beyond Securities PCL, Daol Securities (Thailand) PCL, UOB Kay Hian Securities (Thailand) PCL, Globlex Securities Co., Ltd., Maybank Securities (Thailand) PCL, Pi Securities PCL, Trinity Securities Co., Ltd., and Phillip Securities (Thailand) PCL. Not to be left a step behind, Bangkok Bank PCL will proudly serve as the registrar, while Beyond Securities PCL will stand as the dedicated debenture holders’ representative. It’s a thrilling chapter in WEH’s journey that promises growth and prosperity across the board.
Wow, a 7.15% return on investment sounds fantastic in today’s market!
Are you sure it’s as good as it sounds? There are always hidden risks in these kinds of investments.
Of course, every investment has risks, but supporting green energy is worth the gamble for me.
This is a smart move by Wind Energy Holding. Renewable energy is the future!
True, renewable energy is the future, but isn’t 7.15% a bit unrealistic? What’s the catch?
The catch might be the company’s ability to meet its expansion goals, but if they do, it’s a win-win!
Honestly, this seems too good to be true. Investors should be careful.
I think it’s great that WEH is leading the way in wind energy. More companies should follow suit.
Sure, but do they have a track record of success? That’s what matters more to investors.
I can’t help but wonder if this is just a marketing ploy to attract rich investors.
Maybe, but we have to consider their past performance too. They’ve been profitable so far!
This seems like a solid step forward for sustainable investments. Glad to see these initiatives.
I agree, but the real test will be in their execution over the next few years.
Why doesn’t more of the mainstream media talk about these kinds of green investments?
They’re promoting a 7.15% return, but how reliable are these figures given market volatility?
Let’s hope they are based on sound financial projections. Otherwise, it’s just smoke and mirrors.
Wind energy is solid, but I believe solar energy investments are the real way forward.
Why not both? Diversifying helps in mitigating risks in renewable investments.
True, diversity is key. I just have more faith in solar’s potential growth.
Has anyone looked into how secure WEH’s previous debentures have been?
It’s thrilling to see more companies supporting green energy with such bold financial moves.
Exciting, yes, but what happens if they can’t live up to their promises?
I guess only time will tell. Fingers crossed they’re as reliable as they claim.
It all depends on their management and economic conditions. It’s a calculated risk.
What are the environmental impacts of these new projects? Are they truly sustainable?
While financial gains are tempting, what about the social and ecological responsibilities?
I’m ready to invest if they can guarantee this rate. The market needs more green bonds.
Guarantee? In investments, nothing is ever guaranteed, especially in green energy!
With the energy landscape changing, such investments might be the new norm soon.
Are there any tax incentives for investing in these debentures? That could be a tipping point.
I’ll need more transparency on fund allocation before jumping in.
This move by WEH is a great blend of financial sense and environmental duty.
Let’s hope other companies take a page from WEH’s book and invest in renewable energy.