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October 17,2025

B Grimm Power Raises Stake in Nakwol 's 365 MW Offshore Wind in South Korea

B Grimm Power has increased its stake in South Korea’s 365MW Yeonggwang Nakwol offshore wind farm to 49% by acquiring 20.8% from Myungwoon Industry Development. Simultaneously, it sold its 29% holding in Myungwoon back for the same amount. The restructuring streamlines ownership ahead of partial commercial operation in Q4 2025.

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