BKV and Banpu Power US to acquire Temple Generation Intermediate Holdings II from Panda Temple Power and T1 Power Holdings for $430m.

BKV, a national natural gas exploration & production company, and Banpu Power US to acquire Temple Generation Intermediate Holdings II, a holding company for a natural gas power plant, from Panda Temple Power and T1 Power Holdings for $430m. "We're excited about this acquisition, and the strategic steps we are taking to position BKV as a leading integrated energy company with cleaner, greener energy. By extending our natural gas business into a power business we are able to deliver to unprecedented grid reliability, while also creating industry leading ESG standards because we can directly certify our emissions footprint at each step in the value chain, from underground molecule to burner tip," Chris Kalnin, BKV CEO.