📋 Tender Overview
Project Number
608148
Primary Business Area
Manufacturing, Agribusiness & Services
Disclosure Date
Feb 17, 2025
Country
Thailand
Region
East Asia and the Pacific
IFC Approval Date
Jul 20, 2023
Status
Active
Estimated Total Budget
$349,146.00
(Project budget includes all project-funded activities)
Last Updated Date
Project Estimated Start Date
Jul 1, 2023
Project Estimated End Date
Jun 30, 2025
Client Legal Name
CENTRAL PATTANA PUBLIC COMPANY LIMITED
Project Description
This project entails an opportunity for IFC to employ its developed Greening Real Estate Investment Portfolios (GRIP) program, an integrated advisory-investment package to help real estate owner to develop and finance a holistic decarbonization strategy across their portfolios and value chain. The objective is to aggregate retrofit and new construction projects under a portfolio engagement to create sizeable investment opportunities. The portfolios are expected to be a mix of new build, existing green buildings, and non-green buildings. The focus would be on institutionally owned, investment assets including office, retail malls, warehousing and industrial real estate, hotels, data centers, hospitals and education buildings to ensure concentrated ownership and diversification. As part of the GRIP rollout in EAP, IFC will support Central Pattana Public Company Limited ( CPN ) to conduct assessments for Excellence in Design for Greater Efficiencies ( EDGE ), review CPN's decarbonization strategy, undertake a baseline assessment of embodied carbon emissions and help develop Sustainability-linked/Thematic Financing Framework.
