Pentagreen Capital, a sustainable infrastructure debt financing partnership first announced by HSBC and Temasek in September 2021, has been officially launched.
Pentagreen is committed to accelerating the development of sustainable infrastructure in Asia by removing the barriers that can prevent marginally bankable projects from accessing capital. It will seek to achieve this through a combination of technical assistance and blended finance to catalyze other sources of capital, with support from its strategic partners.
Geographically, Pentagreen will initially target opportunities in Southeast Asia. The company’s primary focus will be on clean transport, renewable energy and energy storage, and water and waste management. Transactions in areas such as climate adaptation, agriculture and land use, and technology-led solutions as well as other geographies could be considered in the future.
Pentagreen’s strategic partners include the Asian Development Bank, whi