BII and Idemitsu partner with Skye Renewables to accelerate decarbonisation in South-East Asia
This first direct equity investment by them in South-East Asia will support Skye Renewables to scale up renewable energy solutions in an important and growing area of decarbonisation need: the commercial and industrial sector.
- This first direct equity investment by them in South-East Asia will support Skye Renewables to scale up renewable energy solutions in an important and growing area of decarbonisation need: the commercial and industrial sector.
- Srini Nagarajan, Managing Director and Head of Asia at BII, said: "This investment marks the first direct equity investment by BII in South-East Asia since our re-entry to the region in 2022.
- Skye provides BII the opportunity to work with experienced partners like IKC, to scale up this renewable energy platform that will benefit the region.
- Ross Coull, Founder of Skye Renewables, commented: "We are absolutely delighted that BII has chosen Skye as their first direct equity investment in South-East Asia.