FundVintage 2024Updated Feb 6, 2024
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Southeast Asia Clean Energy Fund II (SEACEF II)

SEACEF II - First blended investment fund in SE Asia to accelerate low-carbon transition, focusing on clean energy projects.

About This Fund

SEACEF II is focused on making early-stage, high-risk investments in businesses that are accelerating Southeast Asia's low-carbon transition. The fund is located in Singapore. The fund targets investments in sectors such as renewable energy generation, energy efficiency, electric mobility, and electrical grid solutions. It operates in countries such as Indonesia, Philippines, and Vietnam, aiming to support promising companies in these areas. The fund is backed by a blend of junior first-loss equity investors, philanthropic and government-supported organizations, and senior equity investors. It has a track record of successful investments and aims to accelerate the net-zero transition by providing capital to promising clean energy projects and businesses.

Fundraising Details

Currency
USD
First Close Date
Jan 24, 2024
First Close Amount
$127M

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