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ADB invests US$95m in Clifford Capital to support sustainable infrastructure

Partnership will focus on renewable energy sources such as solar and wind

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Kelly Ng

Kelly Ng

Published Thu, Sep 17, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    IN ITS first investment in a local entity since setting up shop in Singapore earlier this year, the Asian Development Bank (ADB) will inject US$95 million into Clifford Capital Holdings (CCH), spurring growth in the Temasek-backed company - especially in the area of sustainable infrastructure financing in Asia

    ABD will have a pro forma shareholding of 10.8 per cent once all equity capital committed has been fully deployed by 2024.

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    Asian Development BankInfrastructure

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