CAPAS INVESTMENT PTE. LIMITED
Status: Completed investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Our Client, Capas Investment Pte. Limited, is a Singapore based Holding company established together with Sindicatum Renewable Energy Company Pte. Ltd Singapore (Sindicatum).
What is our funding objective?
Our Funding will be allocated to develop together with Sindicatum the Capas project, a 25 MWp ground-mounted PV solar project located within the Clark Green City, in the Tarlac province of Central Luzon, the Philippines.
Why do we fund this investment?
This funding will be provided under the Climate Investor One initiative, which has the aim to fast-track the development of renewable energy projects in emerging markets. This transaction provides Climate Investor One an opportunity to co-develop a solar project in an Asian country with strong renewable energy ambitions and potential. Furthermore Sindicatum is an experienced developer with proven track record in developing and constructing similar assets.
- Region
- Asia
- Country
- Philippines
- Sector
- Energy
- Effective date
- 9/7/2016
- End date
- 7/20/2021
- Total FMO financing
- USD 0.35 MLN
- Funding
- AEF-I