Please note: you are viewing an old version of this deal. The current version can be found here: Deal #9494

Deal #9494 Version #88322

Thailand

Created at

2022-06-23

Last update

2022-10-04

Last full update

2024-02-12

Intention of investment

[2019, current] Renewable energy unspecified

Comment on intention of investment

Sub Project Generation Capacity (MW): Total 260 HNM1 45 HNM8 45 HNM5 48 HNM9 42 HNM10 80

Nature of the deal

Lease

Comment on nature of the deal

This agricultural land is owned by the government and leased to farmers on what is called “Sor Por Kor” land. Deeds are issued and managed by the Agricultural Land Reform Office (ALRO).

Purchase price

95 000 000 000

Comment on purchase price

ADB is considering a THB 3 billion (~USD 95 million equivalent) investment into EA’s 2019 green bond issuance. The bond is proposed to be issued as a corporate bond with all proceeds used to refinance the debt associated with EA’s 260 MW Hanuman Wind Farm in Chaiyaphum Province in north eastern Thailand. The proposed issuance is to be EA’s first green bond and is proposed to be verified and certified under the Climate Bonds Initiative (CBI) Climate Bonds Standard (CBS) and also the ASEAN Green Bond Standards (ASEAN GBS).