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GPSC-SMBC supports green loans. The first time of the PTT group Limit of $185 million

Mr revealed Worawat Pittayasiri, CEO and President of Global Power Synergy Public Company Limited or GPSC, PTT Group’s innovative power business leader, that GPSC today Financial Management Center Limited (GPSC TC), a group company 100% owned by GPSC, has signed contract with Sumitomo Mitsui Banking Corporation (SMBC) by Mr. Tetsuro Imaeda, Senior Managing Director of the Executive Office Co-Head of Global Banking Unit , SMBC attended the Green Loan signing ceremony, the first green credit line of the PTT Group to support such a loan of 185 million USD 10 years to run energy projects clean in the future

About this financial cooperation Its aim is to support the issuance of credit for investment in electricity generation projects from clean energy such as solar energy. or wind energy This is in line with strategy S2: Expanding Green Energy as part of the implementation of the Company’s 4S Strategy (S1: Strengthening and Expanding the Core. Ready to expand a service in a core business S2: Green Energy on a Large Scale, S3: S-Curve & Batteries, Energy Innovation and Future Business, and S4: Moving to Customer-Centric Solutions It is important to meet customers’ needs in terms of power generation and utilities by using energy innovations (the main power plants and alternative energy power plants) to drive GPSC to become a Leading company in energy innovation for sustainability, 1 in 3 in South East Asia

GPSC aims to increase the share of clean energy in its investment portfolio to more than 50% of total production capacity in the next 10 years or by 2030, in line with the changing global energy direction andNational Energy Plan from Thailand towards clean energy and walking towards the goal Net Zero to reduce more serious global warming Along with creating sustainable energy security to be sufficient for the development of the country. economically, socially and environmentally

“This is the success of the group. GPSC has received financial support from SMBC This will be an important tool when looking for investment opportunities in clean energy. and have a stronger financial position Move forward with the clean energy business plan effectively. GPSC There has been continued investment in alternative energy projects. at home and abroad that fits the planDevelopment of the country’s power generation (PDP 2022) which is an important part of the National Energy Plan which will be completed in 2022, focusing on the direction of increasing the use of clean energy as well,” said Mr Worawat.