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Friday, May 10, 2024

BECIS-Symbior secures UOB green loan

The green project loan represents a major step in sustainable financing for UOB Thailand under its U-Solar programme.

Solar power firm BECIS-Symbior has secured a 1.26-billion-baht green project finance loan from UOB Thailand to finance its portfolio of on-site solar photovoltaic (PV) projects.

The deal, which will fund a total of up to 75 megawatt-peak (MWp) in installed capacity, is the largest portfolio financing in Thailand’s commercial and industrial solar sector to date.

BECIS-Symbior’s PV projects, when at peak production, will help reduce up to 41,000 tonnes of greenhouse gas emissions every year. The loan will also enable BECIS-Symbior to expand its ongoing efforts in promoting the adoption of clean energy solutions and provide more affordable and energy-as-a-service solutions for commercial and…

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