Energy Absolute Green Bond for Wind Power Project Project Dates: September 2019 - October 2026
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PROJECT OBJECTIVE

The project entails the issuance of green bonds to support the long-term financing of Energy Absolute's 260MW Hanuman wind farm in Thailand.

PROJECT 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.


SECTORS OR AREAS OF WORK
  1. Renewables

Region/Location

BUDGET

USD 95,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. ADB - Asian Development Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
GOVERNMENT PARTNER
  1. Not Available
ADDITIONAL INFORMATION

The implementing agency is Energy Absolute Public Company Limited. The government partner is not available. More information at https//www.adb.org/projects/53255-001/main


BUDGET

USD 95,000,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. ADB - Asian Development Bank
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
GOVERNMENT PARTNER
  1. Not Available