Start of main content

Press Releases

February 10, 2026
Group picture of GULF and FinDev Canada's teams during their Financial Closing Ceremony

FinDev Canada commits USD 50 million to Gulf Renewable Energy Company Limited to support sustainable energy in Thailand

Canada’s bilateral development finance institution (DFI), FinDev Canada announces the signing of a USD 50 million loan to Gulf Renewable Energy Company Limited, a subsidiary of Gulf Development Public Company Limited (or GULF) to advance renewable energy and support a low-carbon and climate-resilient economy in Thailand. This represents FinDev Canada’s second transaction with GULF.