Thai energy firm B. Grimm Power is to develop a number of renewable energy projects in Southeast Asia after securing a $235m loan from the Asian Development Bank (ADB). The deal follows a previous investment of $57.7 by the ADB at the time of the company's IPO in recent years. The new cash will be used to develop a range of projects including solar, wind, biomass, and gas-fired utilities, along with energy storage and distributed generation technology in countries including Cambodia, Indonesia, Myanmar, the Philippines and Vietnam.
Thai energy firm B. Grimm Power is to develop a number of renewable energy projects in Southeast Asia after securing a $235m loan from the Asian Development Bank (ADB). The deal follows a previous investment of $57.7 by the ADB at the time of the company's IPO in July. The new cash will be used to develop a range of projects including solar, wind, biomass, and gas-fired utilities, along with energy storage and distributed generation technology in countries including Cambodia, Indonesia, Myanmar, the Philippines and Vietnam.