IFC accelerates Indonesia’s shift to green building
The IFC and OCBC Indonesia are launching a $53 million loan linked to decarbonization targets in retail properties. ESG News
Berlin steps into Indonesia’s JTEP void
After the US bails out of the $21.5 billion Just Energy Transition Project, Germany takes over with Japan. Jakarta Globe
A Singapore-Malaysia $337 million biofuels hub
Companies sign an MOU to build a facility for producing and storing bio-LNG at Johor near the busy Strait of Malacca. Reccessary
Shipbuilder enters offshore wind market
Singapore state-owned Seatrium wins a contract to design and build a heavy-lift vessel for Japan’s Penta-Ocean Construction. Asian Business Review
Macquarie sells Taiwan wind farm stake
Pine Wind (a subsidiary of Taiwan’s J&V Energy) to buy 26% of Formosa 2 Offshore Wind Farm debt and equity from global asset manager Macquarie. Antara News
