SCB, Mizuho Bank join hands to support Gunkul Engineering solar farm expansion in Japan

SCB said in a press statement that the deal worth 1.8 billion yen, or some 4.1 billion baht supports Gunkul Engineering PCL in in an investment in Sendai Okura Solar Farm Project in Sendai, Miyagi Prefecture, Japan. The deal is also backed by eight other strategic partner banks in Japan.

 

“Siam Commercial Bank is proud and delighted to support this major achievement by Gunkul Engineering as it expands its renewable power business in Japan," Arthid Nanthawithaya, SCB’s president and CEO, said.

 

"This investment would not be possible without SCB’s close collaboration with Mizuho Bank, which will fully serve all of Gunkul's financial services requirements and business objectives. SCB has had a strategic partnership with Mizuho since 2014 that is successfully facilitating Thai and Japanese customers as they expand their business overseas, backed by the extensive networks of both banks.”

 

He said SCB and Mizuho have worked in tandem to design financial products that match Gunkul's specific requirements in terms of loans, payment systems, currency exchange, business matching and other services.