BII and FMO jointly fund BECIS with $50m for clean energy expansion in SE Asia.
British International Investment (BII) and Dutch FMO bank jointly commit $50m to energy-as-a-service provider BECIS in Southeast Asia. BECIS will expand its clean and affordable energy solutions in Vietnam, the Philippines, Indonesia, Thailand, Malaysia, and India. The financing supports BECIS's goal to grow its rooftop solar portfolio to 346MW by 2025, which will help avoid 319,000 tonnes of CO2 emissions per year.
April 15, 2024
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