BKV Corporation Acquires Control Stake in BKV-BPP Power Joint Venture
January 30, 2026
BKV Corporation entered into a definitive purchase agreement to acquire from Banpu Power US Corporation (BPPUS) one-half of BPPUS’ interest in the BKV-BPP Power joint venture, increasing BKV’s ownership to 75% and granting majority control. The deal provides for cash and BKV common stock consideration and is expected to enable BKV to consolidate the Power JV’s financial results for a streamlined power operating and growth platform.
- Buyers
- BKV Corporation
- Targets
- BKV-BPP Power, LLC
- Sellers
- Banpu Power US Corporation (BPPUS)
- Industry
- Energy
- Location
- Colorado, United States
- Transaction Type
- Buyout
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