SINDICATUM RENEWABLE ENERGY COMPANY
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Sindicatum Renewable Energy Company Pte. Ltd develops, owns and operates clean energy projects in South and South-East Asia. Their portfolio comprises landfill-gas-to-power plants in Thailand, bio waste (bagasse)-to-power in India, and biogas from waste water in Indonesia. Due to their cross-border coverage they are keen to establish partnerships with reputable local companies.
What is our funding objective?
Funds provided by FMO will enable Sindicatum to realize more clean energy projects in Thailand, India, Indonesia and the Philippines. This expansion and diversification is expected to amount to 161 MW of energy production capacity.
Why do we fund this investment?
The investment in Sindicatum fits well with FMO's strategy; the productive use of waste and generation of additional energy supports our goal of doubling impact and halving footprint.
More investments
| Date | Total FMO financing |
|---|---|
| 4/17/2019 | USD 7.50 MLN |
- Region
- Asia
- Country
- Asia
- Sector
- Energy
- Effective date
- 12/18/2013
- End date
- 4/17/2019
- Total FMO financing
- USD 15.00 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+