IFC provides $67m loan to Thai solar power firm Sermsang Palang Ngan

IFC provides $67m loan to Thai solar power firm Sermsang Palang Ngan

FILE PHOTO: Workers inspect solar panels at a photovoltaic power station on a hill in Linyi, Shandong province, China August 11, 2018. Picture taken August 11, 2018. REUTERS/Stringer/File Photo

World Bank Group member International Finance Corporation (IFC) has approved a $67-million investment in Thailand-based solar power company Sermsang Palang Ngan Company Limited (SPN Ltd.) to boost the development of renewable energy projects in Thailand, Indonesia, and Vietnam.

Edited by: Pramod Mathew

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter