RATCH Group completed the acquisition of the portfolio of Australian and Southeast Asian energy assets from Denham Capital-backed Nexif Energy for $1bn.

RATCH Group, a Thailand-based independent power producer, completed the acquisition of the portfolio of Australian and Southeast Asian energy assets from Denham Capital-backed Nexif Energy, the renewables focused power development and investment company, for $1bn. “NEXIF RATCH Energy will execute a focused strategy utilizing multiple renewable technologies combining with energy storage to establish a differentiated presence in several countries in its target geography. The quest of host countries to achieve the net-zero objective and the volatility in the conventional energy markets offers endless possibilities of growth for NEXIF RATCH Energy," Matthew Bartley, Nexif Founder and Managing Director.