Delta Electronics Accelerates Smart Energy Expansion with $525M Bond Issuance
- Chinmay
- January 22, 2025
- Internet of Things, News
- AI innovation, Delta Electronics, e-mobility, energy transition, EV powertrain, global expansion, Industry 4.0, IoT-based energy solutions, Smart Manufacturing
- 0 Comments
Delta Electronics has unveiled a bold step toward global expansion and technological advancement with the issuance of $525 million in overseas exchangeable bonds. These funds aim to fuel the development of next-generation IoT-based smart energy-saving solutions to support AI, smart manufacturing, e-mobility, and the energy transition.
The bonds, issued through Delta International Holding Limited, a subsidiary of the Taiwanese firm, will mature in 2030 and have a face value of $200,000 each. Investors can exchange these securities into shares of Delta Electronics (Thailand) Public Co. at a conversion price of $5.41—approximately a 40% premium over the reference price.
Driving Innovation with Strategic Investments
Delta Electronics plans to channel these funds into developing IoT-based energy-saving technologies that align with global megatrends. These include:
- AI-powered solutions for smart energy management.
- Smart manufacturing aligned with Industry 4.0 standards.
- E-mobility advancements for electric vehicles.
- Supporting the global energy transition through sustainable technologies.
Building a Comprehensive Ecosystem
Victor Cheng, CEO of Delta Electronics Thailand, emphasized the company’s strategy to leverage its core strengths in power conversion and thermal management. Delta aims to establish itself as a leader in industrial and building automation by forming a robust solution ecosystem. This involves acquiring expert firms in the U.S., Europe, and Asia to complement its product offerings.
The company is also expanding its portfolio in the EV space by developing automotive powertrain solutions for electric vehicle OEMs. Its recent innovations include advanced power systems for data centers, ICT, and telecom infrastructure.
Financial Growth Reflects Strategic Momentum
Delta Electronics reported consolidated sales revenues of $12.77 billion in early 2024, marking a 4.9% increase from the previous year. This growth underscores the company’s commitment to innovation and its ability to align with global industrial trends.
Pioneering IoT and Energy Solutions
Delta Electronics is positioning itself as a powerhouse in smart energy and IoT technologies. By investing in cutting-edge solutions and expanding its global footprint, the company is setting the stage for transformative changes in industries such as manufacturing, e-mobility, and energy management.
