GULF Secures THB 60 Billion Financing for 939 MW Renewable Energy Portfolio in Thailand
- GULF has secured THB 60,000 million in loans to develop 27 renewable energy projects in Thailand, including 15 solar projects and 12 industrial waste-to-energy plants.
- The Asian Development Bank acted as the Mandated Lead Arranger for financing GULF's renewable energy projects and stated it is proud to anchor this landmark transaction.
- Both the Asian Development Bank and GULF highlighted the importance of this support in advancing Thailand's goal of achieving Net Zero emissions by 2050.
- GULF aims for Net Zero emissions by 2050, with commercial operations initiated for 12 projects totaling 649 MW.
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GULF secures THB 60 billion, or approximately USD 1.9 billion, to invest in renewable energy power projects with a total contracted generation capacity of 939 MW
BANGKOK, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Gulf Development Public Company Limited (GULF), Thailand’s leading power and infrastructure conglomerate, has successfully secured THB 60,000 million in loan facilities to accelerate the development of 27 renewable energy projects. Led by CEO…
This Week In Energy Transition - Thailand's Green Energy Surge Fueled by GULF Investment
Gulf Development Public Company Limited (GULF) has secured THB 60 billion (approximately USD 1.9 billion) to invest in a portfolio of 27 renewable energy projects aimed at supporting Thailand's energy transition. The financing will fund solar, Solar BESS, and industrial waste-to-energy projects with a combined contracted generation capacity of 939 MW. These projects align with Thailand's national goal of achieving Net Zero Emissions by 2050 and …
GULF Secures THB 60 Billion Financing for 939 MW Renewable Energy Portfolio in Thailand
Gulf Development Public Company Limited (GULF) has secured THB 60 billion (USD 1.85 billion) in loans for 27 renewable energy projects in Thailand, contributing to a net-zero emissions target by 2050. The portfolio includes solar farms, battery energy storage, and waste-to-energy projects aimed at enhancing sustainability and reducing landfill use. The post GULF Secures THB 60 Billion Financing for 939 MW Renewable Energy Portfolio in Thailand a…
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