1 October 2014

Press Release: Sindicatum wins ASEAN Energy Awards 2014

From left – right: Dr. Narongchai Akrasanee, Minister of Energy, Ms. Ratchaneewan Pulnil and Ms. Chanika Chakarawet, Sindicatum Sustainable Resources (Thailand) Co., Ltd., and Mr. Ariphong Phuchaum, Permanent Secretary of Energy Ministry

Bangkok, 1 October, 2014. Sindicatum Sustainable Resources (Thailand) has won the ASEAN Energy Awards 2014 under ‘On Grid – National Grid’ category of Renewable Energy Project Awards for its Thai Landfill-Gas-to-Energy (“LFGE”) projects.The awards were announced and presented at a ceremony in Vientiane, Lao People’s Democratic Republic (“P.D.R.”), on 23 September 2014.

The ASEAN Renewable Energy Awards shortlisted organisations that demonstrated originality, sophisticated technical expertise, market based solutions and significant socio-economic and environmental advantages. Sindicatum’s competition included the Selebam Small Hydro Power Plant by EDL-Generation, Lao P.D.R., and the Rooftop Solar Photovoltaic project by Pathgreen Energy, Malaysia, amongst others.

Sindicatum Group CEO, Assaad Razzouk, commented: “We are proud that Sindicatum’s Thai clean energy projects and the role we and our Thai partners are playing in helping Thailand transition to a greener economy are once again being recognised with this prominent industry award. Sindicatum is passionate about its role in reducing emissions and producing clean power in the region and we thank ASEAN, our local partners and the communities in which we operate for their continuing support in our efforts to build a greener Asia”.

About Sindicatum Sustainable Resources Group

Sindicatum is a developer, owner and operator of clean energy projects that reduce greenhouse gases and produce sustainable resources (clean energy, biogas, biomass, solar power, water and physical commodities) and other environmental commodities. Sindicatum has established business units in Bangkok, Beijing, Jakarta, Manila, New Delhi, Singapore, Taiyuan (Shanxi Province, China) and Washington D.C. To date, Sindicatum has committed more than $400m to greenhouse gas reduction and sustainability projects, 90% of which are in Asia.

Sindicatum is a leading member of the Project Developer Forum, the Climate Markets & Investors Association – industry associations representing companies that invest in and provide support to activities that reduce emissions – and the Association for Sustainable & Responsible Investment in Asia – a not-for-profit membership association dedicated to promoting sustainable finance and responsible investment.

(Download a PDF version of the press release here.)