BGRIM’s AGM approves the extension of 5-year debentures issuance ceiling to B100bn - News Summed Up

BGRIM’s AGM approves the extension of 5-year debentures issuance ceiling to B100bn


(PR News) B.Grimm Power PCL (BGRIM) on 27 April got the approval from shareholders to extend the limit of the amount of debentures issuance within 5 years (2022-2026) to 100 billion baht. Dr. Harald Link, President of BGRIM, noted that debenture is one of the several instruments for financial management BGRIM has effectively used. He added that BGRIM is working strenuously to expand its investment in renewable energy, including solar energy, hydropower, wind energy and energy storage systems (ESS). Sustainable generation of electricity from clean energy under a long-term power sale agreement in Thailand and abroad has been at the forefront of BGRIM’s business strategies. BGRIM aims to increase its power generation investment internationally over the next five years to 15 countries from 7 countries at the present.


Source: The Nation Bangkok April 29, 2022 12:50 UTC



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