Armstrong reaches $164m final close on SE Asia cleantech fund
Armstrong Asset Management has reached a final close of $164 million on its Southeast Asia Clean Energy Fund. With additional commitments coming from French development finance institution (DFI) Proparco and Geneva-based Unigestion, the fund was able to surpass its initial target of $150 million.
The 10-year fund, which launched in May of last year, provides development capital to small-scale renewable energy and resource efficiency projects in Southeast Asia. Typical projects generate power of...
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