SUSI Asia Energy Transition Fund
Introduction
SUSI Asia Energy Transition Fund focuses on energy efficiency and energy storage in Southeast Asia, investing broadly in renewable energy projects, energy efficiency and energy storage solutions.
Swedfund's investment contributes to increasing renewable energy production, energy efficiency, energy storage and sustainable economic development through increased access to reliable and cost-effective energy in a region highly dependent on fossil fuels. The investment is expected to contribute to a green transition.
Co-investors include BII, FMO Norfund and AIIB.
Read more in out press release: Swedish investment supports energy transition in Southeast Asia
Facts
SDGs in focus
No Poverty
End poverty in all its forms everywhere.
Climate Action
Take urgent action to combat climate change and its impacts.
Sector
Energy & Climate
Within the Energy & Climate sector, Swedfund only invests in renewable energy sources. The expansion of sustainable energy supplies requires a broad approach and innovative solutions.
Value creation
Our Impact
The investment contributes to increased production and access to electricity, reduced carbon emissions and the implementation of international sustainability standards in the sector. Furthermore, the investment is expected to contribute to jobs and other income-generating opportunities locally.
ESG
We are working closely with the fund manager to, among other things, develop and implement an environmental and social management system that has the capacity to manage and mitigate environmental and social risks associated with the sector. We are also working on issues related to gender equality, economic empowerment and human rights.
Additionality
Our investment is financially additional as it is made in markets where access to capital is limited and as it is expected to help mobilise capital. The investment is value additional through a strong focus on active value creation during the investment phase, where environmental, sustainability and corporate governance issues are prioritised.