50036
Green Investment Partnership
Mar 28, 2025
Southeast Asia Subregion
East Asia and the Pacific
Apr 30, 2025
FI-1 - Significant
Active
Sep 18, 2025
Regional Industry - FIG Asia & Pac
other
Approved : May 1, 2025
Signed : Aug 22, 2025
Invested : Sep 16, 2025
Infrastructure Fund
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.
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.
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