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Transactions - MARCH 30, 2022

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SUSI Partners and Entoria Energy sign rooftop solar JV

by Kali Persall

SUSI Partners has partnered with Singapore-based developer Entoria Energy for the buildout of rooftop solar photovoltaic (PV) assets.

The joint venture will give SUSI exclusive investment rights to Entoria’s Southeast Asian project pipeline, initially focusing on Malaysia, the Philippines, Thailand and Vietnam.

“Rooftop solar photovoltaic installations at manufacturing plants, shopping malls, industrial parks and other large buildings are becoming an ever more attractive proposition for commercial and industrial offtakers in Southeast Asia,” stated SUSI. “SUSI and Entoria intend to meet this increasing demand by offering C&I customers solar panel installations on their rooftops at no extra cost to them, and selling the power generated to them at prices below the grid tariff, leading to direct cost savings.”

SUSI Partners made its investment through SAETF, a fund targeting sustainable energy infrastructure investments across Southeast Asia. SAETF co

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