Energy Transition Acceleration Finance Partnership under Singapore's FAST-P initiative raises $250M in first close

Energy Transition Acceleration Finance Partnership under Singapore's FAST-P initiative raises $250M in first close

The Monetary Authority of Singapore (MAS), Clifford Capital, and the Private Infrastructure Development Group (PIDG) announced Wednesday that the Energy Transition Acceleration Finance partnership (ETAF) has achieved its first close with $250 million in committed capital for its displacement strategy. The trio said in a statement that the ETAF is a blended finance fund under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative…

Singapore’s FAST-P Energy Transition Fund Reaches US$250 Million First Close - OpenGov Asia

Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative has reached a significant milestone with the first close of the Energy Transition Acceleration Finance (ETAF) partnership, securing US$250 million in committed capital. Announced by the Monetary Authority of Singapore (MAS), Clifford Capital and the Private Infrastructure Development Group (PIDG), the blended finance fund aims to mobilise investment […]