GUNKUL Unveils 2026 Strategy as Thailand's Full-Spectrum Green Energy and AI Infrastructure Partner, Targeting THB 10 Billion Revenue

• Expanding Ecosystem Across 3 Core Businesses to Capture the Data Center Boom and Thailand's Clean Energy Transition

Gunkul Engineering Public Company Limited (GUNKUL) has officially announced its 2026 strategic roadmap, declaring its mission as "Energy and AI Infrastructure Partner" — a full-spectrum provider positioned to serve the surging investment wave in Thailand's Data Center industry and the country's broader transition to clean energy. GUNKUL targets full-year 2026 revenue exceeding THB 10,000 million, with core operating profit growth maintained at 10–15%.

Three Core Businesses: Advancing on Every Front

1. Green Power — Racing Toward 2,000 MW by 2027

GUNKUL is actively bidding on clean energy projects to expand its green power portfolio to 2,000 MW, with an overseas target of 150 MW focused on the Philippines, Taiwan, Japan, and Malaysia. The company is extending its clean energy services into high-growth new industries to generate tangible revenue contributions by 2027.

2. EPC — THB 8,000M Backlog Driving THB 5,500M Revenue Target in 2026

The EPC (Engineering, Procurement & Construction) division enters 2026 with a cumulative backlog of THB 8,000 million built in 2025, and targets THB 5,500 million in revenue recognition this year. GUNKUL will bid on large-scale construction projects across both the public and private sectors, while expanding into the specialised high-voltage market of 115 kV – 500 kV — a segment with rapidly growing demand from Data Center infrastructure and national power grid development.

3. Manufacturing — High-Voltage Equipment and BESS Expansion

The Manufacturing division will expand into medium-to-high voltage electrical equipment and prepare product lines tailored for incoming Data Center projects. A key initiative is the nationwide expansion of inverter and Battery Energy Storage System (BESS) distribution in partnership with SUNGROW, the world's No. 1 inverter and battery solutions provider — covering installations of all scales.

New S-Curve: GUNKUL at the Centre of Thailand's Data Center and AI Ecosystem

GUNKUL sees a historic strategic opportunity at the convergence of two powerful trends: Thailand's Data Center investment boom, with BOI approving over THB 800,000 million in projects, and the global clean energy market projected by Bloomberg to surge from 22% to 77% of energy supply by 2027 — representing a market value of THB 8 trillion.

With end-to-end capabilities spanning power generation systems, substations, transmission networks, electrical equipment across all voltage levels, and Direct PPA structuring, GUNKUL can serve Data Center clients comprehensively — from external grid infrastructure to internal facility power systems. The company estimates it can capture at least 10–15% of total Data Center investment value flowing into Thailand through its integrated capabilities.

Financial Strength and Thailand's Highest ESG Rating

GUNKUL's 9-month 2025 results confirm the financial foundation underpinning this strategy: cumulative net profit of THB 1,309 million, gross profit margin of 36.48%, ROE of 13.21%, and a low Net IBD/E of 0.92x — reflecting a capital structure fully capable of financing large-scale new investments. GUNKUL also received Thailand's highest SET ESG Rating of AAA in 2025, and targets a FTSE Russell ranking above the 90th percentile in the year-end 2026 assessment.

Partner with GUNKUL on Thailand's Green and Digital Future. GUNKUL is ready to be your end-to-end energy and AI infrastructure partner — from renewable power generation to Data Center electrical systems and Direct PPA solutions.