Energy Absolute gets DFI backing for first electric ferries in Thailand

In:

Transport

Region:

Asia-Pacific

Energy Absolute has raised a THB600 million ($17.6 million) 10-year amortising limited-recourse loan to finance a THB920 million electric ferry fleet for mass rapid transport in Bangkok. The lenders are Asian Development Bank (THB160 million), JICA (THB150 million) and Export–Import Bank of...

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