Shares of security, network, business intelligence solutions provider Gorilla Technology Group ( GRRR ) are surging in premarket on Monday.

The company has secured a $1.8 billion agreement to spearhead Thailand’s most extensive energy digitization and infrastructure overhaul.

This AI-powered initiative aims to revamp the nation’s electricity network over the next 15 years, improving energy efficiency, boosting security, and transforming power distribution.

Gorilla Technology Group ( GRRR ) is introducing a new financing approach for the initiative, guaranteeing lasting sustainability and financial gains for all involved parties.

Gorilla’s funding model departs from conventional infrastructure financing by tying revenue to the ongoing efficiency gains of the project.

Revenues are expected to scale progressively, with a major ramp-up from 2026-2027 as full operations commence. 

Over the 15-year lifecycle, the initiative is expected to generate multi-billion-dollar cumulative revenue, delivering strong, sustained growth for Gorilla.

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“By integrating AI, automation, and cybersecurity into Thailand’s energy infrastructure, this initiative aligns with the national goal of building a resilient, technology-driven economy,” said Sales Director, Thailand and Rest of Asia, Mike Wang.

“This 15-year transformation programme ensures that Thailand’s power grid remains future-proof, secure, and financially sustainable and Gorilla is at the centre of making it happen.”

With AI-driven smart grid management, predictive analytics, and top-tier cybersecurity, the project seeks to enhance energy distribution and strengthen the protection of essential assets.

Price Action: GRRR shares are trading higher by 19.7% at $36.24 in premarket at last check Monday.

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