2022 15 November

B. Grimm Solar Financing Deal Wins Solar Power Project of the Year Award

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DFDL team is pleased to announce that the team’s expertise in Project Finance has been recognized as a market leader within the energy space. DFDL Thailand and DFDL Cambodia have been representing B.Grimm Power Public Company Limited, the Thai sponsor, and Ray Power Supply Co., Ltd., the borrower in relation to the financing of a solar power plant project with an aggregate installed generating capacity of up to 39MWp located in Banteay Meanchey Province, Cambodia, owned and operated by the borrower, sourced from a syndicate of Thai lenders.

The deal has just been awarded by Asian Power Awards 2022 as the Solar Power Project of the Year (One of the pioneer Non-Recourse Solar Power Project Financing in Cambodia). The deal was nominated by Kasikorn Bank who is acting as one of the syndicated lenders on the project.

DFDL wishes to congratulate Audray Souche (Regional Managing Partner), Guillaume Massin (Partner; Managing Director, Cambodia & Thailand), Walanchathas Sanguanwong (Partner), Denora Sarin (Senior Partner, Sarin & Associates), Panida Agkavikai (Senior Legal Adviser) and Thanatorn Anekvittayakij (Junior Legal Adviser) for their great efforts.

 

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