Summit Power Limited

Summit Power International (SPI), headquartered in Singapore, is a prominent infrastructure developer and operator in South Asia. The company, established in 1997, focuses on developing, owning, and operating power generating and LNG infrastructure assets. SPI's portfolio includes power plants that generate reliable energy for sale to governments and state utilities, providing long-term, predictable revenue streams for investors. As Bangladesh's largest Independent Power Producer (IPP), SPI holds 17% of the country's total private installed capacity and 7% of its total installed capacity. The company owns and operates 18 power plants with a total capacity of 2,255 MW, an additional 277 MW through its associate company Khulna Power Company Limited (KPCL), and Bangladesh's second Floating Storage and Regasification Unit and LNG import terminal with a capacity of 500 mmcf/d. SPI is actively exploring sustainable energy generation opportunities in Bangladesh, neighboring countries, and Southeast Asia. The company identifies and pursues portfolio-enhancing opportunities, both greenfield sites and existing power assets, to meet the power needs of the region and its stakeholders. Through Power Purchase Agreements (PPA), SPI establishes long-term, contractually backed concession agreements with governments and state utilities, receiving stable revenue streams based on contracted capacity payments. With over two decades of experience, SPI has developed expertise in project development, structuring, and financing capabilities. The company's team of highly experienced infrastructure specialists has collaborated with multinationals, financial institutions, and government agencies to invest in projects across Bangladesh. As a frontrunner in utilizing advanced technologies, SPI partners with top-tier equipment manufacturers to ensure projects are developed using the latest and most efficient technologies. The company has a track record of working with world-leading engineering, procurement, and construction (EPC) contractors and original equipment manufacturers (OEM) services to construct and maintain projects, ensuring the highest quality standards. This comprehensive overview showcases SPI's leadership in the energy infrastructure sector and its commitment to sustainable and efficient power generation.