In Short : Ratch Group has obtained a THB 5 billion (USD ~$140 million) green and sustainability loan from Bank of Ayudhya to boost renewable energy in its portfolio from 27.5% to 30% by 2030 and 40% by 2035. The funding will accelerate clean energy projects across Thailand, Laos, Vietnam, Indonesia, the Philippines, Australia, and Japan.
In Detail : Ratch Group has secured a THB 5 billion green and sustainability loan from Bank of Ayudhya, also known as Krungsri. This funding marks a significant step in the company’s commitment to expand its clean energy portfolio and align with global decarbonisation goals.
The loan proceeds will be used to increase the share of renewable energy in Ratch’s generation mix. Currently, renewables make up 27.5% of its total capacity, and the company aims to raise this to 30% by 2030 and 40% by 2035. These targets reflect Ratch’s broader ambition to contribute to a low-carbon energy future.
Projects funded under this facility will span multiple geographies. Ratch plans to accelerate renewable energy development in Thailand, Laos, Vietnam, Indonesia, the Philippines, Australia, and Japan. The regional focus allows the company to diversify its portfolio while tapping into different market opportunities.
The loan is part of a sustainability-linked financing framework that ties funding costs to measurable environmental performance. This approach ensures accountability while providing incentives for the company to meet its clean energy targets on time.
Bank of Ayudhya’s support underscores the growing role of financial institutions in driving the energy transition. By offering green loans, banks are enabling companies like Ratch to undertake projects that may otherwise face funding challenges.
Ratch has been steadily increasing its presence in wind, solar, hydro, and other renewable technologies. Recent investments include hybrid systems and cross-border power projects, which contribute to energy security while reducing emissions.
The company’s expansion strategy also involves exploring innovative energy solutions. This includes energy storage, smart grids, and emerging clean technologies that can enhance the stability and efficiency of renewable power systems.
Achieving its 2030 and 2035 targets will require sustained capital investment and operational execution. The THB 5 billion loan provides a strong financial foundation to accelerate projects and scale up clean power generation.
Through this financing, Ratch reinforces its position as a leading regional energy player committed to sustainability, while setting an example for other utilities in Southeast Asia to adopt ambitious renewable energy goals supported by green financing.
