B938m loan secured for solar energy project in CambodiaFrom left are Ms Niraman, Mr Link, Mr Rak and Mr Tipakorn at the signing. B.Grimm Power Plc (BGRIM), Thailand's leading industrial power producer, has secured US$28.1 million (938 million baht) in a syndicated loan from three top Thai banks to finance its solar energy project in Cambodia. "RPS's ground-mounted solar power facility is considered a success for being completed on schedule amid many restrictions, including the pandemic's effects and severe floods in the construction area throughout 2020," Mr Link added. RPS is the first solar energy project in Cambodia which has secured a firm power supply guarantee from the Cambodian government. Rak Vorrakitpokatorn, president of Exim Thailand, said the RPS project fits well with the bank's drive to support the overseas investment of Thai outfits.
