Exclusive: Asia Climate Partners plans to raise $300m more, invest in Indian renewable energy firms

Exclusive: Asia Climate Partners plans to raise $300m more, invest in Indian renewable energy firms

After its recent acquisition of stake in Indian cold chain logistics company ColdEX Logistics Pvt Ltd, ADB-backed private equity firm Asia Climate Partners is in talks for another investment in the country, but this time in the renewable energy space, Anand Prakash, managing director of Asia Climate Partners said. Aimed at a diversified portfolio, Asia Climate Partners, which is a joint initiative of the Asian Development Bank, ORIX and Robeco  to make private equity investments in the clean energy, resource efficiency and environmental sectors in Asia, is also looking to invest around $100-125 million in opportunities in China and Southeast Asia, which are its target areas.

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