BGRIM’s Big Plan to Acquire 80% Stake of Vietnam Solar Power Plant for Fast Profit

BGRIM is aiming to invest ฿1 bln. On Vietnam’s solar power plant to acquire 80% stake

A source from energy section revealed to Kaohoon Online that B.GRIMM Power Public Company Limited (BGRIM) is currently preparing to sign an agreement to acquire 80% stake with an alliance company in Vietnam, which owns a solar power plant (Phu Yen Project) in Phu Yen province, Vietnam.

The power plant has 215MW in production capacity, while the COD has been set at the end of second quarter of 2019. This investment would cost around 35 million USD, or 1 billion baht (1 USD = 30 THB) in estimation.

For the details on capital fund, profit and such, Kaohoon Online will notify through the website as soon as possible.