Ratch Group Public Company Limited has secured a THB 5 billion green and sustainability loan from Bank of Ayudhya to fund its renewable energy expansion and energy transition initiatives.
The funds will be used to accelerate investments in renewable energy across key markets, including Thailand, Laos, Vietnam, Indonesia, the Philippines, Australia, and Japan. The company aims to raise the share of renewables in its generation mix from 27.5 per cent to 30 per cent by 2030 and 40 per cent by 2035. The loan also supports efforts to explore innovative energy projects that contribute to net-zero emissions. Krungsri acted as the sole sustainability structuring advisor. The bank has expanded its sustainable finance portfolio from THB 100 billion in 2024 to a new target of THB 250 billion by 2030.