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EGCO SPP5 Solar Plant

Sector: Commercial • Location: Thailand

Source: World Bank Group

Project
Active

SunEdison developed the 8MW SPP5 solar plant, in Roi Et. Subsequently, the project was sold to EGCO which purchased 99.99% of the shares in June 2012 at a value of THB 450 million (US$15.1 million).

The project was equipped with a solar tracking system, increasing effiency by 20%. The project held a "non-firm PPA" with the Provincial Electricity Authority (PEA), with a subsidy (adder tariff) of T

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The project “EGCO SPP5 Solar Plant” is an infrastructure initiative in the Commercial sector, located in Thailand. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

SunEdison developed the 8MW SPP5 solar plant, in Roi Et. Subsequently, the project was sold to EGCO which purchased 99.99% of the shares in June 2012 at a value of THB 450 million (US$15.1 million). The project was equipped with a solar tracking system, increasing effiency by 20%. The project held a "non-firm PPA" with the Provincial Electricity Authority (PEA), with a subsidy (adder tariff) of THB 8 per unit for a period of 10 years. The project reached financial closure in July 2012, with Siam Commercial Bank. SCB provided THB 830 million (US$ 27.8 million). http://www.scb.co.th/en/news/2012-07-05/nws_SPP5 http://www.nationmultimedia.com/business/SCB-extends-loan-to-SPP5-30185480.html http://www.egco.com/en/corperate_com_press_detail.asp?press_id=181&iYear=2012

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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