B.Grimm Buys 25% of US Hydropower Operator for $230 Million

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B.Grimm Power Pcl has acquired a 25% stake in New England Reliable Hydropower Holdings LLC for $230 million, expanding its renewable energy footprint in overseas markets.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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B.Grimm Power Pcl has acquired a 25% stake in New England Reliable Hydropower Holdings LLC for $230 million, marking another step in the Thai power producer’s push to expand its renewable energy footprint in overseas markets.

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Original article published by Bloomberg on January 12, 2026.
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