B.Grimm Power & Digital Edge Secure $880M Green Loan for Thai Digital Infra

MGR Online•Economy•24d ago

Reader Briefing

B.Grimm Power and Digital Edge have secured a record $880 million green loan to build a major data center in Chonburi, Thailand, aimed at supporting AI and cloud infrastructure.

•B.Grimm Power and Digital Edge have secured the largest green loan in Thailand, valued at $880 million (approximately 28 billion THB).
•The funds will be used to develop the BKK Campus data center in Chonburi, Thailand, a strategic location within the Eastern Economic Corridor (EEC).
•The project aims to enhance digital infrastructure to support AI and cloud computing, aligning with Thailand's digital economy policies and sustainability goals.
•The loan is part of a larger $1 billion joint venture between B.Grimm Power and Digital Edge.
•The BKK Campus is scheduled to be developed in two phases, with the first building expected to open in Q4 2026 and the second in Q2 2027.

Overview

•B.Grimm Power and Digital Edge signed a green loan agreement valued at $880 million, which is approximately 28 billion THB.
•The green loan obtained by B.Grimm Power and Digital Edge has a value of $880 million.
•The acquired funds will be utilized for the development and construction of the BKK Campus data center, a 100-megawatt facility, in Chonburi province, Thailand.
•This transaction is a significant milestone within a joint investment plan exceeding $1 billion between B.Grimm Power and Digital Edge.
•Digital Edge has achieved a third consecutive national green loan record in the Asia Pacific region, following successes in South Korea and Indonesia.
•The BKK Campus project is situated within the Eastern Economic Corridor (EEC), a key strategic area in Thailand, to function as large-scale digital infrastructure.
•The BKK Campus project is designed to support Artificial Intelligence (AI) applications and enterprise-level cloud systems, aligning with national digital policies.
•The first building of the BKK Campus (BKK1) is scheduled for service opening in the fourth quarter of 2026, with the second building (BKK2) slated for the second quarter of 2027.

Full article content is available on the original source.

Read on MGR Online (Thai Version)View in Google Translate

Source: MGR Online (Original)

View Original Article

Key Quotes

Nopadej Kunnarut, President of B.Grimm Power Public Company Limited for Thailand, Malaysia and Industrial Business Solutions

"B.Grimm Power believes that technological development must go hand-in-hand with environmental sustainability. This collaboration with Digital Edge will enhance the country's digital infrastructure with both efficiency and sustainability, strengthening Thailand's competitiveness in the digital economy era."

บี.กริม เพาเวอร์ เชื่อมั่นว่าการพัฒนาเทคโนโลยีต้องดำเนินควบคู่ไปกับความยั่งยืนด้านสิ่งแวดล้อม ความร่วมมือกับดิจิทัล เอดจ์ ในครั้งนี้ จะช่วยยกระดับโครงสร้างพื้นฐานดิจิทัลของประเทศให้มีทั้งประสิทธิภาพและความยั่งยืน พร้อมเสริมขีดความสามารถการแข่งขันของประเทศไทยในยุคเศรษฐกิจดิจิทัล

Jonathan W. Wolrich, Chief Financial Officer of Digital Edge (Singapore) Holdings Pte. Ltd.

"This green loan is the company's largest in value and reflects our commitment to developing digital infrastructure that supports artificial intelligence technology, alongside driving sustainability goals. Since 2025, the company has raised over $2 billion in green loans across multiple countries, demonstrating the growing global investor focus on sustainable infrastructure."

สินเชื่อสีเขียวครั้งนี้ถือเป็นรายการที่มีมูลค่าสูงที่สุดของบริษัท และสะท้อนความมุ่งมั่นในการพัฒนาโครงสร้างพื้นฐานดิจิทัลที่รองรับเทคโนโลยีปัญญาประดิษฐ์ ควบคู่กับการขับเคลื่อนเป้าหมายด้านความยั่งยืน โดยตั้งแต่ปี 2025 เป็นต้นมา บริษัทได้จัดหาเงินทุนผ่านสินเชื่อสีเขียวในหลายประเทศ รวมมูลค่ากว่า 2,000 ล้านดอลลาร์สหรัฐ แสดงให้เห็นถึงแนวโน้มที่เงินทุนทั่วโลกให้ความสำคัญกับการลงทุนในโครงสร้างพื้นฐานที่ยั่งยืนมากยิ่งขึ้น

Key Entities

Organization

B.Grimm Power Public Company Limited(บริษัท บี.กริม เพาเวอร์ จำกัด (มหาชน))ℹ️

A Thai energy infrastructure developer and a partner in a joint venture securing a record green loan for data center development.

B.Grimm Power(บี.กริม เพาเวอร์)ℹ️

An energy infrastructure developer involved in a joint venture for data center development in Thailand.

BGRIMℹ️

The stock ticker symbol for B.Grimm Power Public Company Limited.

Digital Edge (Singapore) Holdings Pte. Ltd.(ดิจิทัล เอดจ์ (สิงคโปร์) โฮลดิ้งส์ จำกัด)

A Singapore-based company specializing in data center development and management, partnering with B.Grimm Power for a project in Thailand.

Digital Edge

A facilitator of digital infrastructure development, co-investing with B.Grimm Power in a Thai data center project.

Bangkok Bank(ธนาคารกรุงเทพ)ℹ️

A leading financial institution in Thailand that participated as a joint loan agent in the $880 million green loan facility.

Bank of Ayudhya (Krungsri)(ธนาคารกรุงศรีอยุธยา)ℹ️

A financial institution that acted as a joint loan agent and green loan coordinator for the $880 million green financing.

HSBC Thailandℹ️

A banking group that served as a joint loan agent for the significant green loan transaction.

Kasikornbank(ธนาคารกสิกรไทย)ℹ️

A prominent Thai bank that acted as a joint loan agent in the $880 million green loan agreement.

Mizuho Bankℹ️

A Japanese banking institution that provided support as a joint loan agent and green loan coordinator for the project.

Natixis CIBℹ️

The corporate and investment banking arm of Natixis, which participated as a joint loan agent for the green loan.

Siam Commercial Bank (SCB)(ธนาคารไทยพาณิชย์)ℹ️

A leading Thai bank that functioned as a joint loan agent for the substantial green loan facility.

Sumitomo Mitsui Banking Corporationℹ️

A major Japanese bank involved as a joint loan agent in facilitating the $880 million green financing.

Standard Chartered Bankℹ️

An international bank that served as both a joint loan agent and green loan coordinator for the financing.

Place

BKK Campus

A 100-megawatt data center project being developed in Chonburi, Thailand by B.Grimm Power and Digital Edge.

Chonburi Province(จังหวัดชลบุรี)ℹ️

The location in Thailand where the BKK Campus data center is being developed.

Eastern Economic Corridor (EEC)(เขตพัฒนาพิเศษภาคตะวันออก)ℹ️

A strategic economic zone in Thailand where the BKK Campus data center is located, aimed at promoting investment in high-value industries.

EECℹ️

The abbreviation for the Eastern Economic Corridor, a key development zone in Thailand focused on advanced industries.

Law

Artificial Intelligence (AI)(ปัญญาประดิษฐ์)ℹ️

A technology that the new data center infrastructure in Thailand is designed to support.

AIℹ️

Technology central to the purpose of the new data center, enabling advanced computing capabilities.

Cloud systems(ระบบคลาวด์)ℹ️

A computing service that the developed digital infrastructure will accommodate.

Person

Nopadej Kunnarut(นายนพเดช กรรณสูต)

President of B.Grimm Power Public Company Limited for Thailand, Malaysia and Industrial Business Solutions, commenting on the synergy of technology and sustainability.

Jonathan W. Wolrich(นายโจนาธาน วอลบริดจ์)

Chief Financial Officer of Digital Edge (Singapore) Holdings Pte. Ltd., highlighting the record-breaking green loan and commitment to sustainable digital infrastructure.