PROJECT

Projects

Summary of Investment Information

Project Number

49601

Company Name

Actis Asia Climate Transition SCSp

Date SPI Disclosed

May 29, 2024

Country

Southeast Asia Subregion

Region

East Asia and the Pacific

Projected Board Date

Jul 1, 2024

Environmental Category

FI-1 - Significant

Status

Active

Last Updated Date

Nov 28, 2024

Department

Regional Industry - INF Asia & Pac

Industry

other

Previous Events

Approved : Jun 28, 2024
Signed : Sep 20, 2024
Invested : Nov 26, 2024

Sector

Infrastructure Fund

Project Description

 IFC's proposed project consists of an investment package of up to US$40 million of equity in Actis Asia Climate Transition Fund (the “Fund” or “AACT”), a Sustainable Finance Disclosure Regulation (SFDR) Article 9 classified infrastructure fund focused on the reduction of greenhouse-gas emissions as a path to net zero by investing in renewable energy infrastructure, energy solutions and sustainable transportation primarily in emerging markets across the Asia-Pacific region.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation