Clifford Chance

Clifford Chance advises Kasikornbank on solar rooftop financings Landmark financing paves the way for greater use of sustainable energy

Leading international law firm Clifford Chance has advised Kasikornbank on the financing of four solar PV rooftop projects developed by Gunkul Engineering Public Company Limited, the first such financings in Thailand. The projects are owned by WHA Corporation Public Company Limited and Gunkul Engineering Public Company Limited. Each project is located on the rooftop of an existing warehouse of WHA Corporation Public Company Limited.

Finance partner Joseph Tisuthiwongse said, "Solar rooftop projects are relatively new for Thailand and traditionally were financed by the project developers. This deal is a significant step in the development of the market as finance for such projects is now available from commercial lenders."

Joseph was supported by senior associate Natchapon Padungkittimal and associate Praopetch Srijayanta.