Susi Partners and environmental solutions company South Pole Group have combined to launch an energy infrastructure fund for Southeast Asia.
The €250 million ($290 million) fund will invest in up to 30 renewable energy projects throughout the region, focusing on Indonesia, the Philippines, Thailand and Vietnam, channelling funds secured from institutional investors.
To lead the fund, they have appointed Edgare Kerkwijk as managing director. Kerkwijk has held a number of roles in the renewable energy and banking sectors, including with Rabobank and State Street in banking, and Indo Wind Power Holdings, Asia Green Capital and the Asia Wind Energy Association on the renewables side.
The fund will have a ten-year lifespan, targeting solar photo-voltaic and wind farms, hydropower plants, behind-the-meter solar PV, and energy efficiency retrofits on public and private large-scale infrastructure.