B.Grimm Power hoping for more Thai IPO electricity

The country's oldest power producer hopes to replicate other recent Thai utility successes, despite a relatively weak broader market backdrop and mildly rich pricing.
B.Grimm Power's largest power plant at Amata Nakorn Industrial Estate
B.Grimm Power's largest power plant at Amata Nakorn Industrial Estate

B.Grimm Power, Thailand’s oldest electricity company, launched the country’s third internationally marketed initial public offering this year on Tuesday, looking to extend the recent strong track record in Thai utility deals in spite of relatively rich pricing.

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