B.Grimm Power Public Company Limited #45279
Created at
2024-02-05
Last update
2024-09-13
0 Parents (Involvements as child)
4 Children (Involvements as parent)
ID
Name
Phu Yen TTP Joint Stock Company (TTPY)
Country of registration/origin
Vietnam
Classification
Private company
Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
80.00 %
Comment
80% is invested by B.Grimm Power PCL Company of Thailand, the rest in the project is invested by Vietnam Truong Thanh Group (20%). 15% of TTVN's share in Phu Yen TTP had been transferred to one of Japan's leading power suppliers - Yonden Corporation (Shikoku Electric Power Co., Inc.) since May 25, 2023.
ID
Name
B.Grimm Solar Power 1 Co., Ltd.
Country of registration/origin
Thailand
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
ID
Name
Amatera Renewable Energy Corporation (ARECO)
Country of registration/origin
Philippines
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
B.Grimm Power’s subsidiary, B.Grimm Solar Power Inc. (BSP), has acquired 100% of the shares in Amatera Renewable Energy Corporation (ARECO), a Philippine-based company undertaking a 65-megawatt solar power plant project on Negros Island.
ID
Name
Idiwan Solar Sdn. Bhd.
Country of registration/origin
Malaysia
Classification
Private company
Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
100.00 %
Comment
B.Grimm Power, a leading power producer in Thailand, has announced that reNIKOLA Holdings Sdn. Bhd., in which B.Grimm Power (Malaysia) Sdn. Bhd. holds a 45% stake, and has acquired 100% shares in BGMC BRAS Power Sdn. Bhd. and Idiwan Solar Sdn. Bhd. This acquisition means that B.Grimm Malaysia indirectly holds a 45% stake in the two companies.