/PRNewswire/ The new philanthropic investment organization Allied Climate Partners (ACP) launched today at COP28. Allied Climate Partners mission is to.
Form D Southeast Asia Clean streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Modern Energy Management (MEM) has been appointed as owner’s representative and technical advisor for Highland Infrastructure’s flagship 250MW wind project in Philippines.
On 27 January, Highland closed a $1m non-recourse loan from SEACEF (Southeast Asia Clean Energy Fund, backed by the Green Climate Fund) to fund development of the project.
Microsoft, the first large corporation to contribute capital to SEACEF, is also now providing support from its own $1bn Climate Innovation Fund into SEACEF.
In 2020, SEACEF approved three projects that represent over 1GW of renewable energy capacity, of which the Highland Infrastructure Philippines project is one.
Highland Infrastructure managing director Ed Douglas said: A number of our strongest projects have matured well and we are now working with investors to fund their construction as well as further development of our pipeline.