Manila based The Asian Development Bank (ADB) will invest $98.7 million in Energy Absolutes maiden green bond, to support 260-megawatt (MW) Hanuman wind farm in Thailand.
Details are provided below:
- The investment will expands Thailands renewable energy capacity.
- Thailand has ample renewable energy resources and its green and climate bond market has tremendous potential, said Mr. Thieme. This maiden green bond issuance by Energy Absolute will contribute to the evolution of that market, while supporting the clean energy ambitions of Thailands Power Development Plan by underpinning the growth of wind power generation.