Aravest to invest and partner with August Energy with up to USD 100M of capital to accelerate the growth of Energy as a Service in Asia
Green Giraffe acted as the exclusive financial advisor to August Energy on its fundraising and the successful formation of its investment partnership with Asia-Pacific Sustainable & Decarbonisation Infrastructure Equity Fund (SDIEF), with up to USD 100 M of capital.
Headquartered in Singapore, with offices in Thailand and India, August Energy is a leading infrastructure platform helping corporates in Southeast Asia and India to meet their decarbonisation goals. The partnership will see Asia-Pacific Sustainable & Decarbonisation Infrastructure Equity, LP (a fund sponsored by Aravest and Sumitomo Mitsui Banking Corporation – SMBC Group) become a major shareholder of August Energy and provide significant additional funding to further accelerate the growth of the company across the region.
The Green Giraffe team is delighted to have supported August Energy as financial advisor since the foundation of the platform. This transaction represents another pleasing milestone in our growth journey in Asia, and is particularly gratifying given the urgent need for capital to fund decarbonisation in the South-East Asia and India region.
