EA Jumps 5% after Signing an MOU with EGAT to Develop Eco-Friendly Energy

EA rose ฿3.00/share or 4.96% to ฿63.50/share as of 15:44 local time in Thailand, with a trading value of 2,603 million baht.


The share price of Energy Absolute Public Company Limited (EA) rose ฿3.00/share or 4.96% to ฿63.50/share as of 15:44 local time in Thailand, with a trading value of 2,603 million baht.

 

EA’s share price surged after the company and Electricity Generating Authority of Thailand (EGAT) signed a Memorandum of Understanding (MOU) to collaborate and produce “Smart Energy EGAT X EA” in preparation for the future transition to renewable energies. It is a critical step in the country’s long-term growth.

With a pilot project, EA has set the goal of developing technologies in environmentally friendly energy to meet the needs of clients. To improve Thai people’s quality of life and generate long-term happiness.

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