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Hong Kong

Asia Climate Partners establishes HQ in Hong Kong


Asia Climate Partners (ACP), a joint venture by the Asian Development Bank, ORIX Corporation and Robeco Institutional Asset Management, has launched its headquarters in Hong Kong.

“We are pleased to announce the opening of our new headquarters office, which represents another milestone in our continuing efforts to establish the leading private equity platform in developing Asia targeting growth capital investments across a variety of climate-related industries including renewable energy, energy efficiency, environmental services, and agribusiness. We see significant opportunities in these sectors that are structured to generate attractive risk-adjusted returns while concurrently delivering positive environmental and social impacts,” says Todd Freeland, director general of ADB’s private sector operations department.
 
ACP will be capitalised initially by USD400 million from its founding partners and other investors, including approximately USD100 million each from ADB, ORIX and the UK Government.

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