With sights set on the renewable energy sector, B.Grimm Power Plc is advancing with a steadfast growth plan. Its most recent stride in this direction involves a joint investment with Ratch Group Plc into a hydroelectric power plant project based in Laos.
This step is in line with B.Grimm Power’s GreenLeap strategy, underlining the firm’s ambition to emerge as a frontrunner in the global energy production market.
Harald Link, the company’s president, announced the establishment of a new entity, Xekong 4 Power, in partnership with Ratch Group and Lao World Engineering and Construction Co. This new venture, registered in Laos, sees B.Grimm Power owning a 20% stake, which translates to an investment of approximately 3.28 billion Lao kip (equivalent to 5.6 million baht). Ratch Group is the majority shareholder with a 60% stake, whereas the remaining 20%…
