Renewable Energy Transition Guarantee Mobilises Capital for Green Infrastructure in Asia
EDFI Management Company supports FMO’s anchor investment in the Green Investments Partnership through the EU-funded Renewable Energy Transition Guarantee, co-developed by EDFI MC and DFIs.
BRUSSELS, Belgium, 6 November 2025: EDFI Management Company has provided a guarantee under its Renewable Energy Transition Guarantee programme to support FMO’s USD 99 million anchor investment in the Green Investments Partnership (GIP), a blended finance fund launched under Singapore’s FAST-P initiative. The guarantee, funded by the European Union through the Global Gateway initiative and co-developed with FMO and other DFIs, enables FMO to commit one of the largest debt fund investments in its history to support marginally bankable green infrastructure projects across Southeast and South Asia.
The Green Investments Partnership has reached its first close with USD 510 million in committed capital from a diverse group of global and regional public, private and philanthropic institutions. Managed by Pentagreen Capital, a joint venture between Temasek and HSBC, the fund will deploy debt financing into renewable energy, e-mobility, sustainable transport, water, waste management and data centres—sectors critical to the region’s energy transition.
FMO’s investment marks its first under the Renewable Energy Transition Guarantee programme, which is managed by EDFI Management Company under the European Fund for Sustainable Development Plus (EFSD+). The programme is designed to de-risk investments in high-impact climate infrastructure and unlock private capital flows in emerging markets.
“Guarantees like the Renewable Energy Transition programme are essential to bridging the climate finance gap in emerging Asia,” said Fadila Hamdane, Director of partnerships of EDFI Management Company. “We are pleased to support FMO’s anchor investment in GIP, which demonstrates how blended finance can mobilise large-scale capital for the energy transition.”
Marnix Monsfort, Director of FMO’s Energy department noted: “Asia’s green economy needs more capital—but it’s not always easy to get it flowing. GIP is designed to unlock investment for green infrastructure in places that need it most. Our commitment supports our long-term climate action goals in the region and we look forward to working alongside longstanding partners to make meaningful contributions to Asia’s green transition.”
About the EDFI Renewable Energy Transition (RET) Programme
The EDFI Renewable Energy Transition (RET) Programme is a joint EFSD+ guarantee programme developed by European Development Finance Institutions and EDFI Management Company under the EU’s Global Gateway. With a guarantee envelope of up to €332 million, the Programme supports debt and equity investments in renewable energy projects—including wind, solar, hydro, biomass, geothermal, and green hydrogen—across Sub-Saharan Africa, Latin America and the Caribbean, and Asia and Pacific. RET aims to increase access to clean energy, advance the Paris Climate Agreement and Sustainable Development Goals, and accelerate the energy transition in high-impact markets. For more information see https://edfimc.eu/what-we-do/renewable-energy-transition-ret/
