Investment manager ADM Capital to launch Asian debt fund for renewables


Source: sharenet.co.za sharenet.co.za

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Most Read Investment manager ADM Capital to launch Asian debt fund for renewables LONDON, Nov 30 (Reuters) - Investment management firm ADM Capital said on Monday it will launch an Asian-focused debt fund dedicated to renewable energy after receiving $100 million from the Asian Infrastructure Investment Bank. The fund will provide medium term debt financing for renewable energy developers and projects, ADM Capital said. The firm is targeting a final close of $500 million in 2021 and is in discussions with a range of investors seeking to scale up investment in Asia's renewable energy sector, it added. (Reporting by Nina...