B.Grimm Power’s Subsidiary Acquires Lotuscom; To Expand Solar Rooftop Business In Vietnam
B.Grimm Power, through its subsidiary Amata B.Grimm Vietnam Company Limited, has acquired Lotuscom Limited Liability Company in Vietnam. The company operates in the solar rooftop business and is incorporated under the Laws of the Socialist Republic of Vietnam.
With the acquisition, Lotuscom Limited Liability Company and its subsidiaries become subsidiaries of B.Grimm Power. The total investment for the acquisition was VND 4,800,000,000, and the source of funds was Amata B.Grimm Vietnam Company Limited’s working capital.
B.Grimm Power Public Company Limited is a leading energy company in Thailand, engaged in the generation and distribution of electricity and steam, as well as renewable power projects such as solar, wind, and hydropower.
With a strong focus on sustainability and innovation, B.Grimm Power has a growing presence in Southeast Asia, including Vietnam, Laos, and Cambodia, and aims to expand its operations further in the region. The company is committed to driving the energy transition toward a cleaner and more sustainable future.
Source: https://solarquarter.com/2023/03/30/b-grimm-powers-subsidiary-acquires-lotuscom-to-expand-solar-rooftop-business-in-vietnam/
