Sustainability

As firms move beyond spot market purchases, forward offtake agreements are a hedge for treasurers looking to de-risk, says Tencent's Andy Yu.

The Rmb3.19bn proceeds will be used to refinance debt and for green projects.

The 20-year facilities expand the project's financing group to 35 institutions as construction progresses in Asia's second largest offshore wind market.

The former Glenmark Pharmaceuticals finance exec succeeds Salim Yahoo at the renewable energy firm, which has been raising capital.

The Indian renewable energy group combined an international bond issue with a tender and redemption of its 2027 notes; ReNew Energy raised a $600m bond in GIFT City in February.

The five-year sustainability-linked refinancing consolidates several loan facilities into a single, multi-currency structure across multiple funding currencies; the Apac property firm wants to grow its core logistics and data centre businesses.

The container shipping giant said its entry into China’s capital market will diversify its funding sources and improve access to cost-efficient funds, amid rapid growth in the panda bond market.

The $500m, A$500m and R7bn financing package will refinance existing debt and support the South African miner’s expansion into Australian copper; copper is used in renewable energy and AI.

From patient capital to impact measurement, Schneider Electric's Asia impact investment director explains the challenges and opportunities of scaling clean energy businesses across South and Southeast Asia.

The working capital facility for Morinaga Nutritional Foods Vietnam links financial terms to the company’s targets for reducing greenhouse gas emissions and water consumption intensity, following a series of MUFG SLL funding in Asean.

The $40m funding for South Asia Gateway Terminals, including from HSBC, aims to improve twin-lift ship-to-shore cranes which will help increase productivity, improve operational reliability and reduce energy use.

As Apac green financing grows, the funding, backed by 30 institutions including IFC, will help develop hyperscale campus JHB2 in Johor, which is targeting a design power usage effectiveness of 1.37 and using water-efficient cooling technology.