Susi Partners launches Southeast Asian Renewables Platform

SUSI Partners, through its Asia Energy Transition Fund (SAETF), has launched a platform for the development of utility-scale renewable energy assets in the Philippines, Vietnam, Indonesia, Cambodia, and other Southeast Asian markets in partnership with regional developer Pacific Impact. The platform will focus on the greenfield development of solar PV, wind, and hydro assets with the ability to continue through financing, construction, and operation of the assets.

Pacific Impact, which has a local presence in all the target markets, will act as the developer and project manager for the platform. The new venture will draw on Pacific Impact’s experience in renewable energy development as well as SUSI’s investment expertise to ensure effective value creation and the highest standards in responsible project delivery.

The Association of Southeast Asian Nations aims to have 23% of its primary energy supplied by renewables by 2025. However, there remains a substantial investment gap, with the International Renewable Energy Agency (IRENA) estimating that annual financial flows into the Southeast Asian clean energy sector would have to more than double for these targets to remain within reach. The collaboration between SUSI Partners and Pacific Impact leverages the collective sector knowledge and regional experience of both parties to catalyze international capital and drive forward the sustainable buildout of renewable energy capacity in the region.