Green Bond Fact Sheet
Energy AbsoluteDate: 25/9/2019

Issue date: 11-07-2019 Maturity date: 11-07-2022 Tenor: up to 10 years
Issuer Name

Energy Absolute

Amount Issued

THB3bn/USD97.4m

Country of risk

ThailandCBI Database

Included

Issuer Type1

Non-financial corporate

Bond TypeUse of Proceeds

Green Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Certified under Climate
Bonds Standard v2.1,
including sector-specificcriteria for:

Assurance report

Pre issuance verification

DNV GL

Green bond rating

N/A☒ Energy☐ Solar☒ Onshore wind☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ Waste to energy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energy performance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewater treatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience• WindCertification Verifier
Use of Proceeds☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Land use &agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose & paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
Reporting

The issuer will report on an annual basis, with a summary of projects and the amounts ofallocated and unallocated proceeds. Where possible, the issuer will also provide informationsuch as the amounts of energy generation.
The report will be available publicly on the EA website.

Company information

EA is an energy company in Thailand. Approximately 2/3 of its revenues are derived from solar
and wind power. By the end of 2019, it will have 664MW of installed solar and wind capacity
generation.
In 2019, EA launched an electrical car, and began investing in electric car charging
infrastructure.

Firsts, records andcertifications
Proceeds description

This is the third issuer based in Thailand to receive Certification.

The proceeds will be used to refinance the development of the Hanuman Wind Power Projectin Chaiyaphum Province, which became operational in May 2019. This complex has an installedcapacity of 260MW and is one of the largest wind farms in southeast Asia. It is comprised of103 wind turbines.

Climate Bonds view

Thailand is rapidly becoming a leader in issuing Certified Climate Bonds in Asia

Underwriters

Kasikornbank, Phatra Securities, Finansia Syrus Securities

Deal comments
Credit Rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign