ADB announces two new clean energy fund investments
The Asian Development Bank has announced investments of $20 million each in two new Asia-focused clean energy funds: the Clean Resources Asia Growth Fund, backed by CLSA Capital Partners, and the Renewable Energy Asia Fund, supported by UK-headquartered fund management firm Berkeley Energy.
Berkeley Energy, with offices in London, Delhi and Manila, seeks to invest in post-permitted projects and developers in "wind, small hydro, biomass, solar, geothermal and landfill gas" through its Asia...
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