SEACEF (Southeast Asia Clean Energy Facility) invests in innovative development-stage clean energy projects and businesses
CATALYTIC DEVELOPMENT CAPITAL TO ACCELERATE THE LOW CARBON TRANSITION IN SOUTHEAST ASIA
Southeast Asia Clean Energy Facility (SEACEF) is Singapore-based fund managed by Clime Capital Management and supported by leading international foundations and private sector investors to accelerate the low carbon transition in Southeast Asia. SEACEF directs early-stage development capital investment into innovative, high-impact clean energy projects and businesses in critical Southeast Asian markets.
Southeast Asia is at the vanguard of global climate change. Demographic trends provide an opportunity to leapfrog the clean energy transition and directly expose its populations to the front line of climate change’s disastrous effects. Yet despite this obvious opportunity and threat, the region remains a laggard on the clean energy transition. Held back by historical vested interests and incentive structures that continue to promote conventional fossil-fuel based power generation, the region has yet to attract the required transformational investment to transition to a more socially, environmentally, and economically sustainable future.
The goal of SEACEF is to catalyse the move away from traditional fossil and thermal energy projects in key markets, showcasing how clean energy technologies can provide the energy solutions of the future at an equivalent or lower price, with a faster rate of deployment and reduced social and environmental costs.
How We Invest
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.
SEACEF is supported by leading international foundations, impact investors, and corporates with a focus on addressing the existential threats posed by global climate change through catalytic action. SEACEF was incubated through generous support of the European Climate Foundation.