Thailand, Feb. 6 -- The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited (GRE), a subsidiary of Gulf Development Public Company Limited (GULF), have signed a $350 million loan to expand renewable energy generation and decarbonize Thailand's power sector. The financing will support the construction of three projects: two solar-plus-battery energy storage systems (BESS) with a total contracted capacity of 126 megawatts (MW) and 151 megawatt-hours of energy storage, and a solar power plant with a contracted capacity of 68 MW.ADB is the sole mandated lead arranger and bookrunner. In addition to providing $75 million from its ordinary capital resources, ADB also structured and syndicated a B-loan of $50 million from DBS Ban...