49587
Winchai Company Limited
Feb 19, 2025
Thailand
East Asia and the Pacific
Mar 26, 2025
B - Limited
Active
Jun 28, 2025
Regional Industry - INF Asia & Pac
Infrastructure
Approved : Mar 21, 2025
Signed : May 30, 2025
Invested : Jun 26, 2025
Wind Power - Renewable Energy Generation
Public-Private Partnerships
The proposed investment is a 15-year senior loan package of up to THB3,140 million, including up to THB1,570 million from the IFC A Loan and the remainder to be mobilized from one or two commercial banks as Parallel Loan(s) to Winchai Company Limited (Winchai or the Company), a wholly owned subsidiary of Sermsang Power Corporation Public Company Limited (SSP or the Sponsor). The IFC A Loan will be used for refinancing Winchai's existing seven-year US$ loan which had been provided for a 45MW operational wind power plant in Thailand. The proceeds of the Parallel Loan (s) will be partially used for refinancing the balance of the same existing loan, and partially will be distributed to SSP for potential use in the acquisition, development and construction of RE project(s) in other SEA market(s) in the future.
The Project is expected to be accompanied by IFC's advisory support for the Sponsor to survey and validate new RE opportunities in other new SEA markets beyond Thailand, such as the Philippines.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
325/14 Lanlaung Road, Mahanak Square, Dusit, Bangkok 10300