Asia Digest: ADB debt for RE projects; IIX, PTI Australia in impact investing pact

Asia Digest: ADB debt for RE projects; IIX, PTI Australia in impact investing pact

From right, are: Natasha Garcha (head of Business Development at IIX), Durreen Shahnaz (founder of IIX), and Chad Morris (Investment & Tourism General Manager at PTI Australia).

The Asian Development Bank has given its approval to two renewable energy projects pegged at $210 million, while the Impact Investment Exchange and Pacific Trade Invest Australia signed an agreement to bolster the impact investing market across the Pacific Islands.

ADB okays debt financing RE projects worth $210m

The Asian Development Bank (ADB) has approved two renewable energy projects worth over $210 million in debt financing from one of its cofinancing vehicles called LEAP or Leading Asia’s Private Infrastructure Fund, dedicated to private sector infrastructure in Asia and the Pacific.

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