Thailand-based Impact Electrons Siam Ltd (IES) has secured a $692 million financial package from the Asian Development Bank (ADB) for its 600-MW Monsoon wind power project in Laos.
The project will be the first wind farm in Laos and the first cross-border wind power plant in Southeast Asia.
The wind park and a dedicated 500-kV transmission line will be built in the Sekong and Attapeu provinces.
Vietnam Electricity (EVN) will buy the electricity generated by the wind farm under the 25-year power purchase agreement (PPA).
ADB acted as the sole mandated lead arranger and the book runner for the financing transaction that involves developmental and commercial funding.
It is co-financing the project together with the Asia Infrastructure Investment Bank (AIIB), Japan International Corporation Agency (JICA), the Export-Import Bank of Thailand (Thai EXIM), Sumitomo Mitsui Banking Corp (SMBC), Hong Kong Mortgage Corp Ltd (HKMC), Kasikornbank and Siam Commercial Bank.
“Developing economies in Asia and the Pacific face shortfalls in climate investments that are needed to clear a pathway to green growth,” said
According to ADB private sector operations department director general Suzanne Gaboury, the syndication of development and commercial financing for this project bridges the shortfalls in climate investments by mobilizing private capital.
The project is expected to help Laos unlock its wind resources and diversify the country’s hydro generation, which mainly occurs in the rainy season.
Last year, Chinese green tech company Envision Group announced a Letter of Intent (LoI) to supply turbines for the Monsoon project.


Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
Extreme heat, flooding, wildfires – Colorado’s formerly incarcerated people on the hazards they faced behind bars
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Parasites are ecological dark matter – and they need protecting
How to create a thriving forest, not box-checking ‘tree cover’
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Wildfires ignite infection risks, by weakening the body’s immune defences and spreading bugs in smoke
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 



