SUSI Partners partners with Alba Renewables for RE projects in the Philippines

The investment will support solar and onshore wind projects.

SUSI Partners, through SUSI Asia Energy Transition Fund (SAETF), entered into an investment agreement with Southeast Asian developer Alba Renewables for the development of renewable energy projects in the Philippines.

In a statement, SUSI Partners said the investment agreement with Alba Renewables will focus on the development and operation of utility-scale, ground-mounted solar PV and onshore wind projects.

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SUSI Partners-funded projects will be constructed over the next 24 months.

The SAETF has a current portfolio of six investments with exposures to energy transition-related projects in Asia which include utility-scale renewable energy, rooftop solar for commercial and industrial clients, and energy efficiency.