The deal by the Singapore infrastructure player is for a $60m green bond issued by India's Continuum Green Energy to support its renewable energy and battery storage expansion.
Sustainable Asia Renewable Assets launched by British International Investment, development bank FMO and investment manager SUSI Partners with tens of millions of dollars of backing; Vietnam's Dam Nai wind farm will become its cornerstone asset.
Paul-Antoine Thiebot was previously director, energy transition and sustainable finance, overseeing the banks's regional mandate of the sustainable and positive impact finance group.
Three key partner appointments in Singapore are set to boost the firm’s support of the Southeast Asian energy transition, as well as opportunities across private capital and the M&A space.
Momentum for decarbonisation across Southeast Asia is growing, as more market players pay attention to their carbon footprint, and countries transition towards net zero. With a low-carbon future in sight, Singapore is positioning itself at the heart of the region’s efforts to sustain its future.
Attitudes about nuclear power have changed but structural barriers to investment remain, says Ernest J Moniz, former US Secretary of Energy at Temasek’s Ecosperity in Singapore.