EA Advances BMTA EV Bus Project, Strengthening Funding Readiness with Over THB 9.59 Billion
Energy Absolute (EA) and Nex Point (NEX) are preparing funding for BMTA’s electric bus project. On Aug 13, 2026, EA’s board approved three subsidiaries to receive collateral support from Double P for proposed bank loans totaling THB 9,777.64 million, secured by land mortgages. Collateral value is THB 105 million. Loans include THB 8,545m for AAB and THB 1,052.64m for NEX; completion expected by Aug 2026.


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