Subscribe today and receive an extra account for free.
Subscribe
The Hanuman wind farm in Thailand. Photo courtesy of Energy Absolute.
October 17 (Renewables Now) - The Asian Development Bank (ADB) will invest in a THB-10-billion (USD 330m/EUR 297m) green bond issuance that supports a Thai wind farm of 260 MW, it announced on Thursday.
The bank signed a deal today to invest THB 3 billion in the maiden green bond issuance of Energy Absolute PCL (BKK:EA), which is also the second Climate Bonds Standard-certified bond issued by a Thai energy company and the first to concern a wind project in the country.
The proceeds of the bond will be used for the long-term financing of the Hanuman wind farm, which achieved commercial operations in the spring of 2019. Owned by Energy Absolute, the plant is located in Chaiyaphum Province and is currently the largest wind farm in the country.
Energy Absolute currently has 664 MW of renewable energy capacity, coming from four solar and two wind parks.
(THB 10 = USD 0.330/EUR 0.297)
Iberdrola seals EUR-690m loan with EIB at COP25
Dec 05, 2019 16:59 CEST
Enel Green Power commissions 74 MW of Spanish wind farms
Dec 05, 2019 16:13 CEST
Goldwind eyes turbine supply for Valencia port's wind project
Dec 05, 2019 15:25 CEST
Prysmian to supply cable system for Equinor's Empire Wind project
Dec 05, 2019 15:08 CEST
Sembcorp to pay USD 59m for remaining stake in Indian arm
Dec 05, 2019 14:44 CEST
Total initiates construction of 7-MW solar rooftop in Thailand
Nov 22, 2019 13:01 CEST
