Berkeley Energy Commercial & Industrial Solutions

Asia

Region

409.4

Commitment (MNOK)

Active

Status

Berkeley Energy Commercial & Industrial Solutions (BE CIS) was established by Berkeley Energy in 2019 to invest in the rapidly expanding global commercial and industrial distributed energy generation solutions and services business. BE CIS offers customers distributed energy solutions such as solar PV and bioenergy. At time of investment, BE CIS is active in India, Thailand and Indonesia, and is looking to expand elsewhere in Asia.

Key information

Sector:: Renewable Energy
Commitment (MNOK):: 409.4
Year:: 2020
Region:: Asia
Country:: Regional
Domicile:: Singapore
Instrument:: Equity
Status:: Active
Mandate:: Development

More about BE CIS

Article about Norfund and KLP’s investment in Be CIS (E24 in Norwegian)

Additionality for Berkeley Energy Commercial & Industrial Solutions

This investment is particularly additional on the following ambitions:

Investing in high risk instruments
Contributing to starting new business activity
Mobilising private investors
Taking an active role in investments
Promoting social and environmental standards