B. Grimm, Bangkadi Secure $326M For Thai Energy Projects

Law360, Chicago (February 19, 2013, 6:37 PM EST) -- B. Grimm Power Ltd. and Bangkadi Clean Energy Ltd. have secured 9.75 billion Thai baht ($326 million) in financing for two gas-fired power projects in central Thailand, the developer's law firm, Clifford Chance, said Monday.

According to the firm, B. Grimm will develop the two projects, which are each slated to have an installed generating capacity of 114 megawatts and will be located in Bangkadi Industrial Park in Thailand's Pathumthani Province.

The financing of a 4.835 billion Thai baht loan to B. Grimm and a separate...
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