PROJECT

Projects

Summary of Investment Information

Project Number

50036

Company Name

Green Investment Partnership

Date SPI Disclosed

Mar 28, 2025

Country

Southeast Asia Subregion

Region

East Asia and the Pacific

Projected Board Date

Apr 30, 2025

Environmental Category

FI-1 - Significant

Status

Active

Last Updated Date

Sep 18, 2025

Department

Regional Industry - FIG Asia & Pac

Industry

other

Previous Events

Approved : May 1, 2025
Signed : Aug 22, 2025
Invested : Sep 16, 2025

Sector

Infrastructure Fund

Project Description

The proposed project is an investment of up to US$100 million in the Green Investment Partnership (GIP or the Fund). GIP is a structured debt fund focused on providing debt financing to marginally bankable green infrastructure projects in emerging Asia, with an initial focus on Southeast Asia (SEA). GIP will be managed by Pentagreen Capital Fund Management Pte. Ltd. (the Fund Manager or Pentagreen FM). The Fund Manager is wholly owned by Pentagreen Capital Pte. Ltd. (Pentagreen), a Singapore-based company that is owned by HSBC Holdings Plc and Temasek Holdings on a 50:50 basis. GIP seeks to raise up to US$1 billion to provide senior secured loans, unsecured loans, mezzanine, subordinated loans, and investments into debt securities, for marginally bankable sustainable infrastructure projects. The senior, mezzanine and junior tranches in the Fund’s capital stack are expected to respectively comprise 50%, 30% and 20% of total Fund commitments.

Associated Advisory Engagement

IFC may also provide advisory services to GIP on environmental and social matters for the benefit of the Fund Manager and GIP to align with IFC Performance Standards, subject to the Fund Manager, GIP and other investors in GIP (if needed) consenting to any potential conflict risk disclosures that may arise as a result of IFC acting as an advisor and an investor.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation