Tri-Energy Company

Thailand

The development of the 700 MW Tri-Energy Company (TECO) IPP project represents one of the first Independent Power Projects (IPP) in Thailand. It was developed in during the tumultuous Asian financial crisis that occurred in the mid-1990’s. It required strong relations between its local and international partners to finalize the Power Purchase Agreement (PPA) with the Electricity Authority of Thailand (EGAT) and close financing. Mr. Megginson led the initial development phases of this project while serving as Managing Director for Texaco Energy Development (Thailand) Ltd..