EXIM Thailand Finances L Solar 1’s Solar Power Plant Construction

Announcement date 17 January 2012
EXIM Thailand Finances L Solar 1’s Solar Power Plant Construction
Mr. Somporn Chitphentom (right), Executive Vice President, Export-Import Bank of Thailand (EXIM Thailand), recently congratulated General Yongyut Mekarat (left), Adviser to L Solar 1 Co., Ltd., on the grand opening of the company’s solar power plant in Kabinburi district, Prachinburi province. The Project is a joint investment between Loxley Public Company Limited, MFC Energy Fund, Leonics Company Limited, and a group of investors led by General Prasert Chusang. EXIM Thailand extended a long-term loan worth 585 million baht to finance the plant construction. As Thailand’s largest solar power generation project, the plant aimed to reduce environmental impact caused by electricity generation, support the government’s policy on renewable energy and develop a learning center on renewable energy.
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