Green Bond Fact Sheet

Energy Absolute issued a THB3bn (USD97.4m) green bond on July 11, 2019, certified under the Climate Bonds Standard v2.1. The proceeds are used to refinance the 260MW Hanuman Wind Power Project in Chaiyaphum Province, Thailand. Energy Absolute, which derives two-thirds of its revenue from solar and wind, is the third Thai issuer to receive this certification.

• Energy Absolute issued a green bond on 11-07-2019 for an amount of THB3bn (approximately USD97.4m). The bond is certified under the Climate Bonds Standard v2.1, specifically including sector-specific criteria for wind, and underwent pre-issuance verification by DNV GL.
• The proceeds from the bond are designated to refinance the Hanuman Wind Power Project located in Chaiyaphum Province. This project, which became operational in May 2019, consists of 103 wind turbines with an installed capacity of 260MW, making it one of the largest wind farms in southeast Asia.
• Energy Absolute is a Thailand-based energy company that derives approximately two-thirds of its revenues from wind and solar power. The company expects to have 664MW of installed solar and wind capacity generation by the end of 2019. Additionally, in 2019, the company launched an electrical car and started investing in charging infrastructure for electric cars.
• Energy Absolute is the third issuer in Thailand to receive Certification. The Climate Bonds Initiative notes that Thailand is quickly becoming a leader in the issuance of Certified Climate Bonds within Asia.
• The issuer has committed to annual public reporting on its website, which will include a summary of projects and the amounts of unallocated and allocated proceeds. Where possible, the issuer will also report energy generation amounts.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-07%20TH%20Energy%20Absolute.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-07%20TH%20Energy%20Absolute.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=25 September 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-07%20TH%20Energy%20Absolute.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = sep, url = {https://www.climatebonds.net/files/drupal-files/files/2019-07%20TH%20Energy%20Absolute.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }