B.Grimm Power and Kasikornbank, has successfully managed interest rate risk by linking financial mechanisms to environmental goals.

B.Grimm Power partnered with Kasikornbank to sign an interest rate swap agreement linked to the incremental MW capacity of renewable energy. This marks the first time in Thailand’s power industry that a financial mechanism has been applied in a practical way to connect environmental goals with interest rate risk management. The initiative also enables the company to manage financial risks while simultaneously expanding renewable energy capacity, following our Green Leap: Global and Green strategy, which focuses on expanding its renewable energy portfolio both domestically and internationally.