Clime Capital’s inaugural investment will help Indonesia accelerate its clean energy transition and sustain progress despite the Covid-19 crisis
Investment in distributed clean energy provides a pathway for accelerated deployment of clean energy even as the completion of large utility-scale projects has been slowed by the Covid-19 economic downturn
SEACEF (Southeast Asia Clean Energy Facility) invests in innovative development-stage clean energy projects and businesses
SEACEF is designed to play a catalytic role in reducing and removing many of the key early-stage barriers that stall or prevent successful clean energy projects and businesses. By placing development risk capital into innovative, high-impact clean energy opportunities, SEACEF intends to have a leveraged impact to accelerate Southeast Asia’s clean energy transition. SEACEF is currently active in Vietnam, Indonesia, and the Philippines.
SEACEF is focused on the scale-out of globally proven technologies and business models such as solar, wind, and energy storage (on-grid and behind the meter), plus other business models that accelerate the low carbon transition – such as transmission infrastructure, demand side management technology, and e-mobility.
SEACEF investments prioritize climate impact. We also subject investment opportunities to a determination of their commercial viability. SEACEF has three key threshold requirements for investment: climate impact, additionality and commercial viability.
All investments are originated, managed and exited to maximize the climate impact of each dollar committed.
All investments must clear a minimal ‘additionality’ thresholds against a screen for regulatory, financial, and technical precedence ensuring that SEACEF supports the ‘crowding in’ of later stage third-party investment.
Investments prioritize early-stage, high-impact, innovative clean energy projects and businesses that have a high probability of successful completion based on developer track record and sound business plans.