Ratch Group Public Company Limited has secured a THB5 billion (USD140 million) Green and Sustainability Loan from Bank of Ayudhya (Krungsri) to fund its renewable energy expansion and energy transition initiatives. The financing aligns with RATCH’s Green Financing Framework and supports its target of achieving carbon neutrality by 2050.
The funds will be used to accelerate investments in renewable energy across key markets, including Thailand, Laos, Vietnam, Indonesia, the Philippines, Australia, and Japan. The company aims to raise the share of renewables in its generation mix from 27.5 percent to 30 percent by 2030 and 40 percent by 2035. The loan also supports efforts to explore innovative energy projects that contribute to net-zero emissions.
Krungsri acted as the sole sustainability structuring advisor. The bank has expanded its sustainable finance portfolio from THB100 billion in 2024 to a new target of THB250 billion by 2030, reinforcing its position as a regional leader in sustainable finance.