ADB finances biomass project in Thailand
The Asian Development Bank (ADB) has enabled the financial close of a biomass power project in southern Thailand, by providing a loan equivalent of up to THB1.109 billion (US$35 million) to the project owner, Gulf Chana Green Company.
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Country news
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February 27, 2018
ADB announces US$235 million for renewable projects in South-East Asia
The Asian Development Bank (ADB) has signed a loan equivalent of up with US$235 million to B.Grimm Power Public Company Limited, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in member countries of the Association of Southeast Asian Nations (ASEAN).
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December 07, 2017
WEH closes US$1.1bn financing on five Thai wind farms
Wind Energy Holding (WEH) announced that they have successfully closed financing for five of the company’s onshore wind farms, which altogether have a total capacity of 450 MW.
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October 25, 2017
GIP-led group acquires 100% of Equis Energy
Global Infrastructure Partners (GIP), an independent global infrastructure investor, has announced that its fund, Global Infrastructure Partners III - in conjunction with the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers, CIC Capital Corporation and a group of its other Limited Partner Co-Investors - has agreed to acquire 100 percent of the equity interests in the wind and solar renewable energy portfolio of Equis Funds Group for US$5.0 billion (including assumed liabilities of US$1.3billion).
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July 31, 2017
ADB invests in Thai power utility
The Asian Development Bank has invested US$57.7 million in Thai power utility B Grimm Power Public Company to support the firm in investing and developing clean energy projects throughout Southeast Asia.
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August 30, 2016
Thai Superblock to buy 9.9-MW waste-to-energy plant
Thai Superblock has approved the acquisition of a 9.9 MW waste-to-energy plant in Thailand, from Green Power Energy. The total cost of the transaction has reached THB1.28 billion (US$40 million). Read more
