Actis launches $557.8 million S'pore-based fund to invest in gas power projects

The Straits Times LogoThe Straits Times1 mo ago

Actis launches $557.8 million S'pore-based fund to invest in gas power projects

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July 01, 2022 5:39 PM - SINGAPORE - The global fund manager and investor Actis has launched the first of five funds that will pursue investments in power generation projects.

The US$450 million plant has since been refinanced with US$200 million from a consortium of private lenders, including DBS Bank.

The fund will have US$400 million ($558 million) in deployable capital and targets total assets under management of US$1.6 billion.

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Category: Economy

Topics: First Bridgin Plant $557 Bangladesh Launches Million Power Fund Investment Actis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 17:39:55

News Timezone: GMT +8:00

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Language: English

Reading Time: 3 minutes read

Article Length: 409 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 24815

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