Thursday, July 13, 2017

Green energy fund worth €250m hits Southeast Asia

Green energy fund worth €250m hits Southeast Asia

A €250 million (£222.3m) fund has been launched to accelerate the transition
to a low carbon energy system in Southeast Asia.

Sustainable investors SUSI Partners and low carbon project developer South
Pole Group have created the Asian Energy Transition Fund (AETF), which aims
to combine their expertise in financing, planning and building green energy
projects.

The fund, which is set to run for 10 years, will respond to the region's
massive deployment of renewable energy infrastructure and its fast growing
demand for energy efficiency measures.

The targeted project portfolio will be diversified across 10-15 renewable
energy and 10-15 energy efficiency projects, concentrated mainly in
Indonesia, Thailand, the Philippines and Vietnam.

The facilities will include solar installations, wind farms, hydropower
plants and energy efficiency retrofits on public and private infrastructure.

Edgare Kerkwijk, Managing Director of the AETF, said: "The region will need
significant investments in renewable energy and energy efficiency to meet
the demands of the various countries in Southeast Asia – both to make their
economies more sustainable and to align them with global sustainability
targets.

Earlier this year environmental protesters stopped construction for 13 hours
at Southeast Asia's biggest planned coal plant.

--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

Link to Original Article:
http://www.energylivenews.com/2017/07/12/green-energy-fund-worth-e250m-hits-
southeast-asia/


--- --- --- --- --- --- --- --- --- --- --- --- --- --- ---

John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.