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Bangkok Post
Bangkok Post
Business

Gulf issues B8bn in green bonds

Gulf Bonds Yupapin Wangviwat Gulf Energy Development Plc wind power
Ms Yupapin says a portion of the proceeds will be used to refinance investment in the Borkum Riffgrund 2 project, an offshore wind power plant in Germany.

Gulf Energy Development Plc has raised 8 billion baht in green bonds for its wind power project, together with 12 billion baht worth of non-green bonds.

The total issued bonds placed to institutional and high net worth investors across all tranches tallied 20 billion baht.

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