Sustainability Report 2021

32 Introduction Customers Social Governance Appendix Environment Sustainability Report 2021 TheBank isfurtherexpandingitsfinancingactivities intothe commercial and industrial (C&I) solar sector by providing a 1.88 billion Baht (approx. US$60 million) long-term, green project finance loan package to a Thai-based company called the Constant Energy Group. The funding will be deployed to further expand Constant Energy’s sizeable portfolio of solar energy projects for leading C&I clients in Thailand. The Bank is providing a 300 million Baht credit facility to Prime Road Group to invest in a 60 MW solar farm project in Cambodia, the first phase of the Cambodia National Solar Park Project, which targets to generate 100 MW of solar energy and host a utility-scale energy storage system. The 60 MW solar project will sell generated power to a state-owned utilitycompany, Electricite du Cambodge (EdC), which will supply the national grid with electricity across the country, especially to areas with energy shortages. Solar energy helps reduce Cambodia’s reliance on coal and fossil fuels for electricity production, which has seen rising demands from economic growth. The solar power projects developed and operated by Constant Energy ensure C&I offtakers have access to clean and reliable power for grid supplies, significant discount of gridpricesor diesel alternatives, improvement of grid resiliency against interruptions, and increased certainty of customers meeting their carbon emissions reductions and sustainability targets while focusing on their core activities. Given the increasing power requi rements of C&I customers and the high cost-saving potential these solar solutions have to offer, the market is expected to grow dynamically over the coming years. Loans with positive social impacts case Loans totaling 228 million Baht to 56 small enterprises for medical services, flood reliefs, and local entrepreneurs that promote the community’s identity