Prime Road Solar
Asia
Region
41.9
Commitment (MNOK)
Active
Status
Prime Road Alternative (Cambodia) Co.,Ltd was established in 2019 by Prime Road Group, Thailand to invest in 60 MW solar power in Cambodia National Solar Park. Norfund provided senior long term loan syndication with ADB, IFC, JICA and TEXIM.
Key information
- Sector:
- Renewable Energy
- Commitment (MNOK):
- 41.9
- Year:
- 2021
- Region:
- Asia
- Country:
- Cambodia
- Domicile:
- Cambodia
- Instrument:
- Loans
- Status:
- Active
- Mandate:
- Development
Additionality Prime Road Solar
This investment is particularly additional on the following ambitions:
- Investing in the poorest countries
- Investing in the riskiest markets
- Investing in difficult business environments
- Investing in sectors with high development needs
- Investing in high risk instruments
- Targeting underserved segments
- Mobilising private investors
- Taking an active role in investments
- Improving social and environmental performance