Actis launches $558 million S'pore-based platform to invest in gas power projects

The Straits Times LogoThe Straits Times1 mo ago

Actis launches $558 million S'pore-based platform to invest in gas power projects

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July 01, 2022 5:39 PM - Bridgin Power, a Singapore-based platform, will be managed by a Singapore team.

That is equivalent to powering around 2.2 million four-bedroom Housing Board flats a month, according to its estimates.

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

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Category: Economy

Topics: Bhola Bridgin Power First Bangladesh Investment Region Platform Plant Million Including

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: 395 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 24878

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About The Straits Times

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Headquarters: Singapore

News Last Updated: 3h ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

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