and Analysis EXECUTIVE SUMMARY SIGNIFICANT EVENTS Commercial operation of ABPR3 From a total of three SPP power plants in Amata City Industrial Estate that have scheduled COD in 2018, ABPR3 is the first
before Interest, Taxes, Depreciation and Amortization EDL = Electricite Du Laos EGAT = Electricity Generating Authority of Thailand ERC = Energy Regulatory Commission EPC = Engineering, Procurement and
having outstanding sustainability performance. These mark another step for us to be a world-class energy company with solid fundamental and sustainable growth. We wish all shareholders and investors would
(THSI) list. This marks another step for us to be a world-class energy company with outstanding performance on environment, social and governance (ESG) aspects. We wish all stakeholders would continuously
the amount of Baht 1,360 million during Q3’2017. The remaining proceed will be reserved for our investment in a next few years Development of SPP Replacement Projects Energy Regulatory Commission (ERC
Q1’2018 (Baht 7,651 million in Q1’2017 and Baht 7,762 million in Q4’2017), primarily due to an increase in revenue from the power plants that started COD on February 1, 2018, namely ABPR3, located in Amata
, B.Grimm LNG Limited (a 100% subsidiary of B.Grimm Power) acquired LNG Shipper license from the Energy Regulatory Commission (ERC) for the amount of 650,000 tons per year from 2022. This would support our
located in Amata City Rayong Industrial Estate) on February 1, June 1 and October 1, 2018 respectively. EBITDA • EBITDA increased 5.4% y-on-y to Baht 9,199 million in 2018 due to the operation of new power
2 PPAs with EGAT of which qualified for the PPA extension and replacement for another 25-year period according to the outcomes of the National Energy Policy Committee’s Meeting on 24 January 2019
and values the corporate governance for running the business in term of economics, social and environment together with all stakeholders’ benefit in order to enable us as a world- class energy company