Singapore-based Clime Capital has invested up to $10 million in Indonesian solar developer, PT Investasi Hijau Selaras (Hijau), through its South East Clean Energy Fund II (SEACEF II). Established in 2017, Hijau focuses on providing solar solutions for Commercial and Industrial (C&I) clients. According to Clime Capital, this funding will accelerate Hijau’s project pipeline, meeting Indonesia’s growing demand for sustainable energy. According to Clime Capital, SEACEF II’s backing enables Hijau to secure crucial follow-on debt financing for long-term growth. Hijau remains committed to technical excellence and upholding Health, Safety, and Environment (HSE) standards. By scaling solar projects, Hijau aims to strengthen its role in the renewable energy sector.
Hijau Selaras gains Clime Capital’s backing in Indonesia
Clime Capital’s support positions Hijau to expand its solar project pipeline in Indonesia. (Image Credit/Source: Los Muertos Crew/Pexels)
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