Greater China
Heavy investment in new production has left supply far outstripping demand.
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World
Potential investments in this space tend to be early-stage, pure-play businesses.
Singapore
But structural challenges remain as emissions still grow in key economies
India
Kumar will oversee the deployment of climate finance and inclusive growth investments.
The deal marks ALTÉRRA’s first co-investment since its launch at COP28.
The firm held a first close of over $550 million in January 2024.
The company will deploy 10,000 LNG and electric trucks.
Key investors in SEACEF II include IFC, FMO, BII, and Norfund, among others.
TPG will invest through TPG Rise Climate, its climate investing platform.
The two are jointly committing $80 million in financing to solar energy company ib vogt Singapore.