Deal #10425

Thailand
Created at
2024-07-03
Last update
2024-10-03

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • Asian Development Bank Other
Name of investment project
Nakornsawan Solar Farm
Comment on investment chain
The Asian Development Bank (ADB) and Energy Absolute Public Company Limited (Energy Absolute) signed a 1.5 billion Thai baht ($47.62 million) green loan to finance ongoing renewable energy projects and a countrywide electric vehicle charging network in Thailand. The loan will finance the Nakornsawan Solar and Hanuman Wind power plants, and deploy fast and standard chargers at charging stations across Thailand. Thailand aims to be a regional leader in electric vehicles to reduce greenhouse gas emissions from conventional transportation, which currently accounts for around 26% of the country’s total annual emissions.
Network of parent companies and tertiary investors/lenders
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