SEACEF II

Asia

Region

106.3

Commitment (MNOK)

Active

Status

SEACEF II is managed by Clime Capital, a Singapore-based fund manager, and will invest in renewable energy generation, energy efficiency, electric mobility, and electrical grid businesses at their early-stage, high-risk development phases, mainly in Indonesia, Philippines, and Vietnam.

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Key information

Sector:
Renewable Energy
Commitment (MNOK):
106.3
Year:
2023
Region:
Asia
Country:
Regional
Domicile:
Singapore
Instrument:
Funds
Status:
Active
Mandate:
Climate

Additionality SEACEF II

This investment is particularly additional on the following ambitions:

  • investing in the poorest countries
  • investing in sectors with high development needs
  • investing in high risk markets
  • targeting underserved segments
  • mobilising private investors
  • taking an active role in investments
  • improving social and environmental standards

Read more about the investment:

Norfund invests to accelerate the energy transition in Southeast Asia