Asia Environmental Fund Closes with $250 Million

Olympus Capital picked up the last of the money it needed to close its Asia Environmental Partners fund. The group received a $25 million commitment from the IFC, a member of the World Bank Group. The fund invests in Asian renewable energy companies.

The fund is shooting for 12 investment opportunities in the range of $20 million to $50 million, specifically for energy efficiency, cleantech, waste management, clean energy distribution infrastructure, water quality treatment infrastructure and pollution control.

Olympus Capital was established in 1997 and, since then, has put $1.3 billion into around 30 portfolio companies in Asia.

[Via NewEnergyWorldNetwork]

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s