Gresham House – whose Energy Transition division now incorporates the strategies and teams of recently acquired SUSI Partners – has signed an agreement to acquire Vietnamese on-site renewable-energy developer Asia Clean Capital Vietnam (ACCV). The transaction will see the SUSI Asia Energy Transition Fund (SAETF) become the sole equity owner of the company.
Founded in 2020, ACCV has built an extensive portfolio of operating assets, development pipeline and long-term partnerships with leading multinational manufacturers, supported by rising electricity demand and accelerating decarbonization initiatives, including the rollout of Direct Power Purchase Agreements (DPPA) and the integration of battery energy storage systems (BESS).
The transaction marks further progress in Gresham House’s strategy to consolidate and scale its platforms within the SAETF portfolio, with ACCV expected to become a key component of the fund’s Southeast Asian C&I renewable-energy plat