fbpx 53255-001: Energy Absolute Green Bond for Wind Power Project | Asian Development Bank

Thailand: Energy Absolute Green Bond for Wind Power Project

Nonsovereign (Private) Project | 53255-001 Status: Approved

The proposed transaction is a THB[3] billion investment (approximately $95 million equivalent) cornerstone investment into Energy Absolute's ("EA") maiden THB10 billion certified green bond issuance. The bond's proceeds will be used for the refinancing of EA's 260 MW Hanuman Wind Farm in Chaiyaphum Province in northeastern Thailand, which achieved COD in April 2019.

Project Details

Project Officer
Hong, Won Myong Private Sector Operations Department Request for information
Country
  • Thailand
Sector
  • Energy
 
Project Name Energy Absolute Green Bond for Wind Power Project
Project Number 53255-001
Borrower/Company Energy Absolute Public Company Limited
Country Thailand
Location Chaiyaphum
Type or Modality of Assistance
Loan Ordinary capital resources THB 3,000.00 million Approved
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Private sector development
Sector / Subsector

Energy / Renewable energy generation - wind

Gender Equity and Mainstreaming No gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 2
Responsible ADB Officer Hong, Won Myong
Project Sponsor(s) Amorn Sapthaweekul
Somphote Ahunai
Description The proposed transaction is a THB[3] billion investment (approximately $95 million equivalent) cornerstone investment into Energy Absolute's ("EA") maiden THB10 billion certified green bond issuance. The bond's proceeds will be used for the refinancing of EA's 260 MW Hanuman Wind Farm in Chaiyaphum Province in northeastern Thailand, which achieved COD in April 2019.
Objectives and Scope
Linkage to Country/Regional Strategy
Safeguard Categories
Environment B
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance 18 Jul 2019
Credit Committee Meeting 12 Aug 2019
Approval 23 Sep 2019
Last PDS Update 24 Sep 2019

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