A.T. Biopower Co. Ltd.

In brief

ATB is a 20 MW rice-husk-fired renewable energy power plant operating in Thailand. The power plant is located in one of the key rice-growing areas of Thailand. The project started commercial operations in December 2005, and Finnfund has been a shareholder in ATB since it was established.

Main development impact

In 2021, the attributed avoided emissions of A.T. Biopower were 11.4% of the total avoided emissions of Finnfund’s portfolio, making the company the third largest contributor to the avoided emissions of the portfolio. The company has contributed to the local economy through taxes and salaries of approximately EUR 1.5 million annually.

Investment details

Name: A.T. Biopower Co. Ltd.
Project number: 80000001
Region: Asia
Country: Thailand
Sector: Energy
Signing date (month/year): March 2023
Currency: USD
Finnfund's financing (commitment): 13,000
Instrument: Equity
Size of the project financing: USD 35,000
Share of Finnfund's financing (%): 37,40 %
Status: Active

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.

Other investments

Name Country Signing date (month/year) Currency Finnfund's financing (commitment) Instrument
A.T. Biopower Co. Ltd. Thailand 2003
March

Key facts

Name:

A.T. Biopower Co. Ltd.

Sector:

Energy

Region:

Asia

Country:

Thailand

Currency:

USD

Finnfund's financing (commitment):

13,000

Signing date (month/year):

March 2023

Last update:

10 December 2024