Subyai Wind Power Project (ADB-48233-001)

Countries
  • Thailand
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 4, 2014
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Chaiyaphum Wind Farm Company Limited
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 237.84 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 7435LoanUSD 30.00 millionCommitted7435LoanTHB 1,80
Converted using 2019-02-07 exchange rate.
Primary Source

Original disclosure @ ADB website

Updated in EWS Feb 11, 2019

Disclosed by Bank Jan 11, 2016


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Project Description

According to ADB website, the Subyai Wind Power Project entails the construction of a 90MW wind power plant in Subyai district, Chaiyaphum province. The Project will be implemented under a 5-year automatically-renewable Power Purchase Agreement (PPA) with the Electricity Generating Authority of Thailand (EGAT) under the Small Power Producers (SPP) program. The Project is an extension of the very small 7.5 MW Theppana Wind Power Project, which was financed by the ADB in 2013 to provide a financing structure that can be easily replicated for the much larger 90MW Subyai Wind Power Project.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Gaza, Anne Kathryn C.
Private Sector Operations Department
No contact information provided at the time of disclosure.

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main