Shareholders of B.Grimm Power, green light, expand the debenture limit for 5 years to 100 billion, moving forward to expand the portfolio “Renewable energy” both domestically and internationally Stepping towards Goals Net-Zero
On April 27, 2022, B.Grimm Power Public Company Limited or BGRIM held the 2022 Annual General Meeting of Shareholders in the form of a meeting via electronic media. The meeting approved an extension of the debenture limit to not more than 100,000 million baht for a period of not more than 5 years (2022-2026) in order to prepare and be flexible in financial management. Support business growth and investment opportunities that will come in the future
Dr. Harald Link, Chief Executive Officer of B.Grimm Power Public Company Limited, revealed that the issuance of the debentures is one of several financial management plans. Whether it is a plan for issuing instruments that resemble equity Using assets or subsidiaries to raise funds through various tools such as listing on the stock exchange or infrastructure funds, etc.
B.Grimm Power is confident in financial preparation and maintaining a strong financial position. including proper financial management in terms of liabilities and equity Along with growing to the target of 7,200 megawatts by 2025 and 10,000 megawatts by 2030
Dr. Harald Link added, The direction of operation of B.Grimm Power will continue to expand investment in renewable energy. Solar, hydro, wind and energy storage systems (ESS) are one of BGRIM’s key strategies to sustainably expand clean power generation capacity. under a long-term power purchase agreement, both in Thailand and abroad It is aimed that in the next 5 years, there will be an expansion of electricity generating projects in 15 countries from the present 7 countries, and will strive to reach the goal of net-zero greenhouse gas emissions or Net-Zero Carbon. Emissions by 2050
In addition, the meeting resolved to allocate the profit for the year 2021 as a legal reserve. and pay dividends from operations in the second half of 2021 at the rate of 0.27 baht per share, when combined with all interim dividends paid in 2021, at a total rate of 0.15 baht per share, representing an annual dividend payment of 2021, totaling 0.42 baht per Shares, totaling 1,094.90 million baht, with a dividend payment date of May 12, 2022.
The meeting also considered Election of 3 directors to replace those retiring by rotation, consisting of: 1. Mr. Harald Link Director, Chief Executive Officer Authorized director 2. Khunying Suchada Kiranan Independent Director Independent Chairman of the Board Member of the Nomination and Remuneration Committee and 3. Mrs. Anchalee Chawanich Independent Director, Chairman of the Audit Committee Member of the Corporate Governance and Sustainability Committee The meeting resolved to allow all 3 members to re-elect as directors for another term.
B.Grimm Power continues to strive to empower the world society with compassion (Empowering the World Compassionately) by adhering to the principles of generosity in business. to create value for society
However, entering each country according to B. Grimm’s guidelines is social friendliness. Help society and the environment and be part of the society there This will strengthen B.Grimm Power’s S-Curve, namely which country we enter. We can expand and grow sustainably.
