Lincoln Gap Wind Farm in South Australia
Ratch Group buys Nexif Energy for $605mn
Thai energy firm acquires portfolio of renewables, gas and battery storage from investment firm Denham Capital and project developer Nexif
Energy transition-focused investment firm Denham Capital and project developer Nexif have sold a 2.7GW portfolio of renewables, gas and storage assets in Australia and Southeast Asia to Thailand-based energy company Ratch Group for $605mn. Denham and Nexif developed the portfolio under a joint venture (JV) called Nexif Energy that they formed in 2015. Nearly 500MW of the portfolio is operational or under-construction. A further 800MW is expected to start up or enter construction in 2023, while 1.4GW is at various stages of development. Nexif and Ratch will work together to manage and continue to grow the Nexif Energy portfolio through a JV following completion of the transaction. Denham and
Also in this section
15 October 2025
Company warns against potential withdrawal of federal funding for emerging technology as it eyes key role for CO₂ in boosting both conventional and shale oil recovery in US
9 October 2025
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability
7 October 2025
As the EU remains deadlocked over its 2040 emissions goal, the IEA has tempered its climate rhetoric, forecasting that oil and gas will continue growing over the coming decades
30 September 2025
Policymakers must match their rhetoric with bolder action if they really want CCUS to scale up to meaningful levels
