CapAsia, a joint venture private equity fund manager between CIMB Group and Standard Bank Group, has announced a $20.5 million investment into two wind parks in Pakistan. The capital will be deployed from its Islamic Infrastructure Fund (IIF). The assets are 50MW each wind parks currently in development in the Sidh province of Southeast Pakistan, being built by domestic corporates Fauji Foundation, Fauji Fertilizer Bin Qasim and the Tapal Group.
Construction will begin at the end of 2011, with a completion date targeted in March 2013. The project is part of the government's push for renewable energy investment, first announced in 2006, but only...
SEAF’s commitment to a farm-to-shop natural foods retailer highlights the idea that even sustainability-focused businesses may have room for improvement beneath the surface
CITIC Capital has launched a special purpose acquisition vehicle (SPAC) – or blank check company – on the New York Stock Exchange to pursue deals under its One Belt One Road (OBOR) strategy.
A91 Partners’ spinout from Sequoia Capital showcases the deepening networks of the Indian VC space and hints that more ecosystem growth is yet to come
Northstar Group, a Southeast Asia-focused private equity firm that counts Indonesia as its core market, is looking to raise $800 million for its fifth fund, according to sources familiar with the situation.