Altervim joins hands with EXIM Bank to support a sustainable Green Supply Chain

By Altervim
2 May 2024
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Business Solution​

Altervim Company Limited and Export-Import Bank of Thailand (EXIM Bank)

jointly signed a memorandum of understanding of cooperation

"Support clean energy loans for Supply Chain"

At EXIM Building, Head Office

 

EXIM Bank will support integrated financial services.

To create a stable and sustainable Green Supply Chain for Altervim.

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Dr. Rak Vorrakitpokatorn President Export-Import Bank of Thailand (EXIM Bank)

along with Mr. Boonchai Opas-iam-likit ประธานธุรกิจสหรัฐอเมริกา สหภาพยุโรป และอังกฤษ เครือเจริญโภคภัณฑ์ (CP)

and Mr. Somboon Lertsuwannaroj Chief Executive Officer of Altervim Company Limited (Altervim)

 

Signed the memorandum of understanding of cooperation “Support clean energy loans for Supply Chain” EXIM BANK will support integrated financial services to create a Green Supply Chain for Altervim. which conducts integrated clean energy development and investment business in Thailand, Malaysia and China and other companies as well as entrepreneurs in the supply chain in the Charoen Pokphand Group To support Thai entrepreneurs All business sizes Participate in production processes related to exports. Using clean energy and technology for saving energy in a stable and sustainable manner

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Under this cooperation, EXIM BANK offers financial products at special interest rates. To reduce greenhouse gas emissions for the Charoen Pokphand Group's supply chain through Altervim. Starting with supporting suppliers from upstream to downstream throughout the Charoen Pokphand Group's supply chain. Covers suppliers, exporters, and dealers by providing long-term loans. Support investment in installing electricity generation systems from solar energy. Both investments are in the form of Private PPA (Private Power Purchase Agreement). Let Altervim invest and install solar power generation systems for customers in the company's supply chain. Or in the case where a group of customers in the supply chain wants to be an investor themselves, EXIM BANK has financial support services. Give entrepreneurs access to clean energy at a low cost. and has increased ability to compete on the world stage Entrepreneurs can request registration to receive benefits from carbon credits, with EXIM BANK being responsible for the registration costs. It encourages Thai businesses to operate with consideration to the environment, society and good governance. (Environmental, Social, and Governance: ESG) leads to achieving carbon neutrality (Carbon Neutrality) and reducing greenhouse gas emissions to zero (Net Zero Emissions) as well as meeting sustainable development goals. In line with the policies and operations of the CP Group in pushing businesses and entrepreneurs in the supply chain towards Carbon Neutrality and Net Zero Emissions goals, Altervim is the investor, producer, installation, and distributor of electricity from solar energy and renewable energy of the group. Charoen Pokphand With experience in developing, investing, and installing more than 2,500 projects for generating electricity from solar energy for many leading companies such as CPF, CPALL, TRUE, Makro, Lotus's, and providing Digital Energy Platform systems to support energy management of entrepreneurs. By using clean energy in a complete manner, Altervim has also expanded its customer group to the Charoen Pokphand Group's supply chain, numbering more than 30,000 customers, in order to drive sustainable development.