Weerawong, Chinnavat & Peangpanor Ltd. (Weerawong C&P), represented Amata B. Grimm Power Co., Ltd. and Kasikorn Asset Management Co., Ltd. on the initial public offering and listing of units on the Stock Exchange of Thailand (SET) of Amata B. Grimm Power−Power Plant Infrastructure Fund (ABPIF). This was Thailand’s first power plant infrastructure fund.

Amata B. Grimm Power Co. Ltd., the majority unit holder in the fund, is the leading Small Power Producer (SPP) in Thailand, and is principally owned by the local trading conglomerate B. Grimm. The offering involved 600 million shares set at THB 10.50 per share, and was valued at up to USD 203 million (THB 6.3 billion). Kasikorn Asset Management Co., Ltd. acted as fund manager and KASIKORNBANK Pcl. as underwriter. The IPO started trading on the SET on September 27, 2013.

The WC&P project team was led by Kudun Kukhumananda, Partner, and included Associates Nattaporn Pengkul, and Mayuree Sapsutthiporn.