Pentagreen Capital and British International Investment BII have agreed joint financing of $80 million to help the rollout of solar and battery storage projects across Southeast Asia SEA in collaboration with international renewable energy development platform ib vogt Singapore.
Pentagreen is the sustainable infrastructure debt financing platform established by HSBC and Temasek in 2021. BII is the UK’s development finance institution and an impact investor.
The joint $80 million Development and Construction Facility will finance the development and construction of solar, hybrid solar, and battery storage projects in the Philippines, Indonesia, and other countries in SEA, according to a media release.
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