On January 29, B.Grimm Power Public Company Limited (SET: BGRIM) outlined its transformation into a global energy platform focused on sustainable growth. The company unveiled its vision and business direction for 2026 under the strategy “GreenLeap – Global and Green,” accelerating investments alongside leading global partners to meet the evolving needs of businesses and society in the digital economy era.
Dr. Harald Link, Chairman of the Board, stated that the company has a total installed and contracted capacity of approximately 4.6 gigawatts, with renewable energy accounting for around 37% of the portfolio, reflecting a steady transition toward clean energy. The company targets to become a leading global power producer by 2030, with renewable energy comprising more than 50% of total capacity and total generation reaching 10 gigawatts from both operational and development-stage projects. BGRIM is also committed to achieving net-zero carbon emissions by 2050.
Mr. Peeradech Patanachan, President – Renewable Energy Business, stated that under the GreenLeap – Global and Green strategy, the company currently has 1.7 gigawatts in operation and projects in various markets that reflect the strength of its platform. The company is accelerating growth to support energy transition efforts at both regional and global levels.
BGRIM highlighted progress in the Asia-Pacific region, notably the Nakwol 1 offshore wind project in South Korea, with a capacity of 365 megawatts, currently under construction off the southwest coast and expected to achieve commercial operation (COD) within this year. This project is located in one of South Korea’s strategic offshore wind development zones.
In the United States, another significant milestone is the company’s 25% investment in a hydropower portfolio with a combined capacity of 406 megawatts, aimed at establishing stable long-term revenue streams, diversifying geographic risk, and creating opportunities to enhance asset performance in line with market conditions.
Ms. Siriwong Borvornboonrutai, President – Finance and Accounting, stated that the company is allocating an investment budget of approximately THB 10 -15 billion this year. In 2026, around 1,000 megawatts of new capacity will be added to the portfolio, including the Nakwol 1 project, hydropower project in the United States, and domestic projects in Thailand with around 100 megawatts.
For a 96-megawatt data center project, the total investment is approximately THB 26 billion. Currently, there is one customer with a demand for the full 96 megawatts. The first phase, with a capacity of 48 megawatts, is expected to be completed in the fourth quarter of this year.
The company also plans total investments of over THB 70 billion during 2026–2030, covering projects in Thailand and overseas. Of this, THB 40–50 billion in equity investment will be allocated, with 93% directed toward renewable energy projects. Funding sources will include operating cash flow, bond issuance, loans from financial institutions, value creation through strategic partnerships, asset monetization, the establishment of infrastructure funds, and other appropriate financing mechanisms.
Mr. Nopadej Karnasuta, President – Thailand, Malaysia and Energy & Industrial Solutions Business, summarized performance in 2025, highlighting the successful signing of power purchase agreements (PPAs) totaling more than 542 megawatts, serving customers both inside and outside industrial estates. Approximately 75% of these PPAs are from renewable energy projects, aligned with Thailand’s sustainable energy development plans.
In 2026, BGRIM is elevating its role as a digital infrastructure provider, leveraging its core energy business to support the rapid growth of data centers and artificial intelligence. The company recently signed a 100-megawatt power purchase agreement with a global technology provider, reinforcing its capability to deliver reliable and stable clean energy solutions.
Beyond electricity supply, BGRIM is expanding into integrated solutions through its Digital Infrastructure-as-a-Service (DIaaS) model. Key initiatives include the development of the 96-megawatt hyperscale data center, which will serve as a critical foundation for the digital economy, as well as the advancement of energy platforms and industrial digital services in collaboration with strategic partners. These efforts aim to enhance competitiveness and prepare for the future implementation of Third Party Access (TPA) in the power grid.
Mr. Nopadej stated that the development of the 96-megawatt hyperscale data center project has already secured clients for the entire capacity. The contract term is long-term, lasting 10-20 years, thereby enhancing business stability.
Regarding the community solar project, which is expected to have a total capacity of 1,500 megawatts and is anticipated to be opened for private sector participation, the company has already prepared 300 megawatts. Additionally, the company is ready to participate in the floating solar project auction organized by EGAT.
Furthermore, BGRIM is also prepared to join the Direct Power Purchase Agreement program, in which the government will open up 2,000 megawatts for direct purchase. The company is ready with 600-700 megawatts.
