B.Grimm Power Plc (BGRIM), an energy developer with the largest capacity in the small power producer segment, expects to finalise 2-3 acquisitions of power generation assets in the first half of this year.

B.Grimm Power Plc, Thailand’s top private power generation firm by capacity, continues to expand its domain in renewable energy and liquefied natural gas (LNG) businesses as cleaner energy is becoming a new global trend. Its president Preeyanart Soontornwata said her company will not stop looking for business opportunities in energy sector despite economic slowdown caused by […]

Thailand has to invest 820 billion baht over the next five years if the country is to follow the principle of the bio-circular green (BCG) economy to rev up eco-friendly businesses and innovations, says Krungthai Compass.

BANGCHAK will invest US$50 million in startups within the next five years in order to expand their core business and technologies with the goal to emerge as the leading innovative group of its kind in the Asean bloc. The firm expects to generate revenue growth to more than double in the next five years. The […]

BANK Islam Malaysia Bhd aims to expand its green financing book by another RM800 million this year, as the country’s largest Islamic bank is set to increase the segment’s revenue contribution to 20% by 2021 from 14% presently. CEO Mohd Muazzam Mohamed said the bank is ready to be at the forefront of green financing […]

BANK Islam Malaysia Bhd recently signed a memorandum of understanding (MoU) with Sarawak Energy Bhd and Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) to provide financing solutions for vendors listed under Sarawak Energy’s Vendor Financing Programme. With a total allocation of RM300 million, the programme aims at improving access to financing and liquidity for vendors with […]

Hanoi (VNS/VNA) – The banking sector plays a key role in “green” investment, including directing credit flow into environmentally-friendly sectors and restricting flow into projects which might have negative impacts on the environment. This was highlighted at a conference about developing green banking in Vietnam organised by the Banking Strategy Institute in Hanoi on November […]

HÀ NỘI — Commercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook. Vietcombank has recently approved a VNĐ785 billion (US$33.55 million) loan for the BP Solar 1 project, which has total investment capital of VNĐ1.2 […]

MANILA, Philippines — Philippine banks are urged to phase out financing for coal projects in the country. Clean energy group Center for Energy, Ecology, and Development (CEED) said 13 local banks were identified by the Global Coal Exit List (GCEL) to be responsible for lending or underwriting $6.3 billion to coal developers from 2017 to […]

Banpu—controlled by billionaire Isara Vongkusolkit—has agreed to buy a combined cycle gas-fired power plant for $430 million in Texas as the Bangkok-based coal producer steps up investments in sustainable projects.