,APAC

HSBC, Temasek partner to fund sustainable infrastructure projects in Asia

The two hope to dispense over US$1b of loans over the next five years.

HSBC and Temasek have teamed up to establish a debt financing platform to develop sustainable infrastructure projects with an initial focus on Southeast Asia. 

The two will invest up to a combined US$150m of equity to fund loans, working alongside the platform’s other partners, the Asian Development Bank (ADB) and Clifford Capital Holdings (CCH). 

HSBC and Temasek’s platform aims to dispense over US$1b of loans over the next five years in order to build a pipeline of projects to scale.

A meaningful portion of the platform’s loan portfolio will reportedly target marginally bankable, sustainable infrastructure projects, offering project development expertise, technical assistance and finance solutions.  

In particular, the platform seeks to invest in clean transport, renewable energy and energy storage, and water and waste management, according to a separate announcement by the ADB. They are also open to including additional areas, such as climate adaptation, agriculture and land use, and technology-led solutions in the future.

The platform aims to catalyse significant capital flows to the sustainable infrastructure space, deploying blended finance at scale over time to unlock more marginally bankable projects and create a tradable asset class, crowding in private and institutional investors.

Join Asian Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

The bank said the merger is crucial in the REIT sector.
The company also experienced a loss of $647m for H1.
Entry submission runs from 6 September 2021 to 7 January 2022.
This is expected to speed up the electronic exchange of trade documents.
The insurer plans to use the fresh capital for product development.
The digital payments platform has teamed up with bolttech for this latest project.
This will take effect on 11 November 2021.
Cigna has operations in seven markets in Asia-Pacific.
Singapore banks are leading the way in adopting alternative reference rates.
8 out of 10 consumers in the region use online platforms to discover items they want to buy. 
ZALORA provides brands with data-driven insights derived from its 2.6 million users.
81% of banks seek to differentiate their customer experience.
The two hope to dispense over US$1b of loans over the next five years.
Mobile wallet adoption in Thailand, Vietnam far exceed those in the US, the UK.