Global Infrastructure SherpaDBS Bank Supports Solar Project with Green Loan
DBS Bank provided a green loan to CleanTech Solar to support the development of solar projects in Vietnam.
Source Intelligence
The photovoltaic panels will provide power to common areas at the installation sites. Surplus green energy generated will be injected into the national grid. The annual electricity generation from its portfolio is estimated to power more than 80,000 four-room HDB flats for one year – equivalent to offsetting approximately 150,000 tonnes of carbon emissions compared to traditional energy generation methods.
"Terrenus Energy, a leading provider of renewable energy solutions, has successfully secured about SGD 300 million in green financing from a consortium of five banks led by DBS."
"DBS served as Financial Advisor and Mandated Lead Arranger for the loan, alongside Mizuho Bank, Ltd., Siemens Financial Services through Siemens Bank GmbH Singapore Branch, Shanghai Pudong Development Bank Co., Ltd. Singapore Branch, and China Construction Bank Corporation Singapore Branch."
"DBS served as Financial Advisor and Mandated Lead Arranger for the loan, alongside Mizuho Bank, Ltd., Siemens Financial Services through Siemens Bank GmbH Singapore Branch, Shanghai Pudong Development Bank Co., Ltd. Singapore Branch, and China Construction Bank Corporation Singapore Branch."
"DBS served as Financial Advisor and Mandated Lead Arranger for the loan, alongside Mizuho Bank, Ltd., Siemens Financial Services through Siemens Bank GmbH Singapore Branch, Shanghai Pudong Development Bank Co., Ltd. Singapore Branch, and China Construction Bank Corporation Singapore Branch."
"DBS served as Financial Advisor and Mandated Lead Arranger for the loan, alongside Mizuho Bank, Ltd., Siemens Financial Services through Siemens Bank GmbH Singapore Branch, Shanghai Pudong Development Bank Co., Ltd. Singapore Branch, and China Construction Bank Corporation Singapore Branch."
"DBS served as Financial Advisor and Mandated Lead Arranger for the loan, alongside Mizuho Bank, Ltd., Siemens Financial Services through Siemens Bank GmbH Singapore Branch, Shanghai Pudong Development Bank Co., Ltd. Singapore Branch, and China Construction Bank Corporation Singapore Branch."