Armstrong South East Asia Clean Energy Fund
GEEREF HAS COMMITTED € 10.0 MILLION TO THE Armstrong S.E. Asia Clean Energy Fund, MANAGED BY ARMSTRONG ASSET MANAGEMENT
Armstrong is a private equity fund that invests in small-scale renewable energy and resource efficiency projects in Southeast Asia, focusing particularly on Thailand, Philippines, Indonesia and Vietnam. This strategy is driven by the high energy demand and strong market fundamentals in the region.
The investment strategy is based on a market demand supported by strong economic fundamentals; a commitment to positive social and environmental impact; risk minimisation through a portfolio of small-scale projects; no technology risk; the ability to generate early cash flows; positive entry valuations due to lack of investor competition; competitive advantage as a result of the team’s local operating experience; and a clear exit strategy.