Armstrong Invests in Annex Power for Regional Solar Expansion (Asia)

Source: Armstrong Asset Management

Southeast Asia-focused clean energy investor Armstrong Asset Management is committing up to US$30 million to Thailand-based renewable energy group Annex Power. The transaction, which will be structured through Armstrong’s South-East Asia Clean Energy Fund, is intended to finance an initial pipeline of solar photovoltaic and biogas power projects in Thailand, the Philippines and Indonesia.