Perspective
21 December 2018
Gulf Sriracha IPP: Long tenor, tight pricing and Thai debt
In:
Power
Region:
Asia-Pacific
Sponsors of the $1.54 billion gas-fired Gulf Sriracha IPP project in Thailand – Gulf Energy Development and Mitsui – have closed a tightly priced DFI/ECA-backed financing to fund the scheme. And the dual-currency deal is set to serve as a blueprint for future IPP financings in the southeast Asian country.
