ADB has agreed to invest $98.7 million (THB 3 billion) in Energy Absolute Public Company Limited’s maiden green bond issue that will largely support its 260 MW Hanuman wind farm in Thailand. The bond issue will total $330.32 million (THB 10 billion) and will be the second Climate Bonds Standard-certified bond issued by a Thai energy company and the first green bond for a wind power project in Thailand. Besides, Energy Absolute is planning to launch an energy trading platform, which is expected to play a major role in demand-side management for energy efficiency.
