B.Grimm Power held a press conference titled “B.Grimm Towards 2025” to unveil its business direction and key strategic plans for 2025. The company announced a total investment of 136 billion baht aimed at increasing its renewable energy production capacity by 10 gigawatts by 2030, reinforcing its position as a leader in clean energy. The company is moving forward with global business expansion through joint ventures, acquisitions, and partnerships, allocating a total of 70 billion baht to support long-term and sustainable growth.

B.Grimm Power, one of Thailand's leading private electricity producers and distributors, envisions “Empowering the World with Generosity” as it grows towards a future of clean energy and global business expansion. Recently, the company has restructured its organization to support these goals, dividing into three main groups: the Renewable Energy Development Business Group, the Thailand Business and Industrial Solutions Group, and the Finance and Accounting Group, under the leadership of Dr. Harald Link, CEO of B.Grimm Power, along with three senior executives: Mr. Peeradej Patthanachanj, CEO of the Renewable Energy Business, Mr. Nopadej Kransut, CEO of the Thailand Business and Industrial Solutions, and Ms. Siriwong Bawornboonruthai, CEO of Finance and Accounting.

Dr. Harald Link, CEO of B.Grimm Power Group, stated that in 2024, B.Grimm Power successfully expanded its production capacity across various power plant projects, particularly in renewable energy, which remains the company's main focus throughout 2025 for sustainable growth under the vision of “Empowering the World with Generosity.” The company aims to develop strong business partnerships both domestically and internationally, which reflects B.Grimm Power's corporate values centered on professionalism, positive attitudes, collaboration, and creativity.

Key strategic plans for 2025 include:

1. Growth in Renewable Energy and Global Business Expansion: The company aims to achieve a total renewable energy production capacity of 10 gigawatts by 2030 through investments in solar, wind, and hydropower, while pursuing a Net Zero approach by 2050, alongside expanding its business in global markets such as South Korea, Japan, the United States, and Southeast Asia through joint ventures, acquisitions, and strategic partnerships to strengthen and create sustainable growth.

2. Energy Partnership for Data Centers: B.Grimm Power aims to become a key energy supplier for Data Centers in Thailand, collaborating with Amata Industrial Estate to provide renewable energy and comprehensive energy solutions to meet the needs of Data Centers in Amata Industrial Estate, Chonburi. Additionally, the company is in negotiations to sign a power purchase agreement with a total of 310 megawatts of Data Center capacity.

3. Effective and Sustainable Capital Allocation: The company emphasizes efficient capital allocation to support long-term and sustainable growth, planning to invest a total of 136 billion baht in various projects from 2024 to 2030, with a focus on renewable energy projects comprising 85% of the total investment. The capital investment plan for B.Grimm Power is 70 billion baht, with 94% allocated to renewable energy. The sources of investment will come from operational cash flow, issuance of subordinated bonds resembling equity, general bonds, loans from financial institutions, as well as value creation from strategic partnerships and the sale of potential assets.

Dr. Harald Link stated that the company continues its investment strategy by considering the Expected Internal Rate of Return (EIRR), targeting 10-15% depending on the risk of technology in each project, the reliability of the country and the electricity off-taker, as well as the volatility of projected cash flows. Furthermore, B.Grimm Power focuses on managing debt and equity appropriately, aiming for a debt-to-equity ratio of 3.0 at the beginning of project financing, while utilizing limited-recourse loans and back-end equity. The company prioritizes risk diversification and elevating investments in the Asia region and global markets to create stable and sustainable growth in the long term.

For long-term goals, B.Grimm Power is ready to grow into a leading global organization, achieving success and expanding its business across multiple countries worldwide, showcasing the potential of Thai people and guiding businesses and all partners towards sustainable growth.