Certification

The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds, loans & other debt instruments. Rigorous scientific criteria ensure that it is consistent with the goals of the Paris Climate Agreement to limit warming to under 2 degrees. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.

 

Energy Absolute

 

 

The bond's proceeds will be used for the refinancing of EA's 260 MW Hanuman Wind Farm in Chaiyaphum Province in northeastern Thailand, which has 103 turbines and is one of the largest wind farms in Southeast Asia.

In September 2019, Energy Absolute has 664 MW of renewable energy capacity, coming from four solar and two wind parks.

 

DATE OF ISSUE

TYPE OF INSTRUMENT

SIZE

TENOR

JURISDICTION OF ISSUE

CLIMATE BONDS SECTOR CRITERIA

VERIFIER'S REPORT

ANNUAL REPORT FURTHER INFORMATION
July 2019 Use of Proceeds 3 billion (USD 97 million) 10 years Thailand Wind pre issuance verification    
August 2019 Use of Proceeds 4 billion (USD 130 million) 10 years Thailand Wind (see above)    
October 2019 Use of Proceeds 3 billion (USD 98 million) 7 years Thailand Wind (see above) Annual Report 2019 Renewables Now article