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BGRIM-UV joint venture acquires three cogeneration power plants in Thailand · Endata

◂ Announcements

Oct 28, 2021ACQUISITIONBang Pu Industrial Estate and Lat Krabang Industrial Estate, Thailand

BGRIM-UV joint venture acquires three cogeneration power plants in Thailand

Univenture BGP, a joint venture between B.Grimm Power and Univentures, agreed to acquire all shares in Eastern Cogeneration Company, indirectly holding stakes in PPTC and SSUT, which own three combined cycle cogeneration power plants with a total installed capacity of 360 MW. The acquisition is expected to complete within 2021.

Status

Announced

Capacity

360 MW

Productselectricity

CompaniesB.Grimm Power Public Company Limited investor Univentures Public Company Limited investor Univenture BGP Co., Ltd. acquirer Eastern Cogeneration Company Limited target PPTC Company Limited target SSUT Company Limited target Univenture Public Company Limited investor Eastern Power Group Public Company Limited partner

Sectors#Power Generation Equipment

“The above mentioned UVBGP’s investment in PPTC and SSUT will augment BGRIM’s growth potential and strength in term of being a leader in industrial power plants (SPP).”kaohoon.com

2 sources
kaohoon.comBGRIM-UV Acquires 3 Co-Generation PPs with a Combined Installed Capacity of 360MWTotemOct 28, 2021
terrabkk.comUniventure BGP: Joint Venture of Univenture and B.Grimm Power Acquires 100% Stake in Eastern Cogeneration, Holding Shares in 3 Combined Cycle Power PlantsOct 29, 2021

Summarized from public sources; check the original articles before acting on it.

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