TSE nets B5.4bn in bank financing for solar plants | Bangkok Post: business

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TSE nets B5.4bn in bank financing for solar plants

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Thai Solar Energy Co Ltd (TSE) plans a listing on the Stock Exchange of Thailand this year to fund new solar projects, in line with the growth potential of the country's renewable energy. 

Bangkok Bank president Chartsiri Sophonpanich (second from right) signed a loan contract with TSE chief operating officer Catherine Maleenont (second from left) last Friday to provide financing for 10 solar plants. Also at the signing were TSE chairman Pracha Maleenont (left) and BBL senior executive Decha Tulanan.

Catherine Maleenont, the chief operating officer, said the company intends to list on the SET through an initial public offering (IPO), with a financial adviser to be appointed in the first half of this year.

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