SUPEREIF is an infrastructure fund established and managed by BBL Asset Management Co., Ltd. SUPEREIF ’s initial investment was the Right of Net Revenue being generated from 19 solar power plant operations, which total maximum generation capacity accounted for 118 megawatts, of 17 Aunyawee Holding Co., Ltd. (17AYH) and Health Planet Management (Thailand) Co., Ltd. (HPM).
The period of the Net Revenue Transfer Agreement commenced from the Investment Closing Date of the Fund, which was 14 August 2019, to the contract expiry date of each Power Purchase Agreement. 17AYH or HPM entered into a Power Purchase Agreement with Provincial Electricity Authority (PEA) and Metropolitan Electricity Authority (MEA). The remaining period of each Power Purchase Agreement (from 14 August 2019) was approximately 21-22 years. The last Power Purchase Agreement will expire on 26 December 2041. The amount of money that SUPEREIF raised for its initial public offering was 5,150 million baht and the Fund also borrowed a long-term loan from financial institutions in the amount of 3,000 million baht, the total amount received from fund raising by offering investment units and borrowing totaling 8,150 million baht.
SUPER is a sponsor of 17AYH and HPM and is an indirect major shareholder of 17AYH and HPM - the owners of the solar power plants that SUPEREIF invested in the Right of Net Revenue. SUPER subscribed for and held at least 20% of the total investment units for a period of 12 years from the Investment Closing Date of the Fund.
Preliminary Information for the Initial Public Offering
Initial public offering
515 million units
10.00 baht per unit
Minimum Subscription Amount
2,000 units, multiples of 100 units
Small-lot first for general investors
22-26 and 30 July 2019 during the business hours of the branch opening for subscription and 31 July 2019 before 3:30 pm
All Bangkok Bank branches except micro branches
No guarantee of returns
Net Assets Value
Last Updated: 30 September 2020
Last Updated: 04 December 2020 16:37