EA and ADB sign a green loan agreement worth 1,500 million baht, preparing to use the money to increase the efficiency of solar power projects. And wind power plants Along with expanding the network of electric vehicle charging stations nationwide
Mr. Amorn Sapthaweekul, Deputy Chief Executive Officer of Energy Absolute Public Company Limited (EA), disclosed that the company has been approved and entered into a Green Loan loan agreement or a green loan with the Asian Development Bank (ADB) worth 1,500 million baht or 47.62. Million US dollars It is a 3-year non-collateral loan with a lower interest rate. The current average interest rate of the company Which allows the company to have lower financial costs It supports growth as well. And generating good returns continuously
“The company will use the money to invest in enhancement. Solar power plant production system And wind power plants for higher efficiency At the same time, it will be used to invest in a project to install a charging station that meet standards including Ultra Fast Charge, Super Fast Charge, and Normal Charge systems nationwide according to the plan to support business expansion. Also various types of electric vehicles “
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Jackie B. Sutani, Director of Infrastructure Finance in East Asia Southeast Asia and the Pacific, the Asian Development Bank (ADB) Private Sector Operations Office (ADB) said the bank is committed to raising awareness. And understanding of financing For environment By continuing to support Thailand’s renewable energy sector and invest in power generation Including the reduction of carbon in the transportation sector, which ADB sees as the leadership of Pure Energy Plc. Investing in green is an invaluable step in the development of financing. For renewable energy in the region
This time EA received the ADB green loan sponsorship. It is the result of EA’s qualification process in accordance with all ADB international standards and is considered the first climate loan in Thailand to be certified by Climate. Bond Initiative, which manages the international climate change framework for certification and bond standards.
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