Banpu, Thailand's largest energy conglomerate, is pivoting away from coal (currently 50% of cash flow) toward gas and renewables (target 50%+). The company is leveraging its US operations to offer rapid modular gas engines for AI data centers (12–36 months vs. 5–7 years for traditional plants), partnering with Taiwan's NPI Cloud on GPU infrastructure, and entering cross-continent LNG trading. It also operates 2.3 GWh of battery storage (BESS) globally, guaranteeing 99.99% grid stability—directly targeting the energy constraints facing OpenAI and Anthropic. This positions Banpu as a critical infrastructure play in the AI energy race while supporting Thailand's PDP power plan.