Impact investor responsAbility investing $15m in Singapore’s August Energy
Swiss impact investor responsAbility Investments AG is investing up to $15 million in structured financing in August Energy, a Singapore-headquartered Energy-as-a-Service (EaaS) platform, according to an announcement.
The investment forms part of the firm’s $500 million climate investment strategy for Asia, which aims to scale private-sector infrastructure contributing to measurable carbon emissions reduction across high-growth markets in the region.
responsAbility, which has offices in Thailand, India, and the Philippines, said the investment will support the expansion of August Energy’s decentralised renewable energy projects in India.
August Energy is a developer and manager of distributed energy infrastructure for commercial…