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Thai group eyes ASEAN solar plants after first 'green bond'
by Apornrath Phoonphongphiphat, Nikkei staff writer

Nikkei Asian Review    Translate This Article
14 December 2018

On 14 December 2018 Nikkei Asian Review reported: The power generating arm of Thailand's oldest industrial group, B. Grimm, has issued 5 billion baht ($152 million) in 'green bonds' to raise funds for further investment in its renewable energy business. ... Green bonds raise money for climate and environmental projects. The bonds and their issuers need certification by the Climate Bonds Initiative, an international not-for-profit organization that works to mobilize the $100 trillion global bond market to fight climate change. Global Good News service views this news as a sign of rising positivity in the fields of business and science, documenting the growth of life-supporting, evolutionary trends.

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