AIIB Commits to Seraya Southeast Asia Energy Transition and Digital Infrastructure Fund
Posted on 03/28/2023
The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved an investment of up to US$ 120 million in the Seraya Southeast Asia Energy Transition and Digital Infrastructure Fund. The investment aims to support the region’s green energy transition and technology-enabled infrastructure development, which is also expected to improve cross-border digital connectivity within Asia. The fund aims to allocate its investments in digital infrastructure (e.g., data centers) and energy transition opportunities (e.g., offshore wind farm vessel operations, transport electrification opportunities, low energy building solutions and other related subsectors). The fund targets control-oriented, middle-market investments in next generation infrastructure in Southeast Asia, China and Korea, focusing on the digital infrastructure and energy transition sectors. The fund is a parallel fund of Seraya Fund I L.P.
The Asian Infrastructure Investment Bank is a multilateral development bank.
