A.P. Moller Capital Announces Verdant Energy to Advance Renewable Energy in Southeast Asia
A.P. Moller Capital has launched Verdant Energy, a Singapore-based renewable energy company focusing on C&I and utility-scale solar, wind, and energy storage (BESS) projects on 30 May 2024. Targeting key Southeast Asian markets, including Vietnam, the Philippines, Thailand, Indonesia, and Malaysia, Verdant Energy will develop greenfield projects and invest in brownfield assets.
Led by CEO Alan Yau, CDO Diana Gao, and CIO Sivaramakrishnan Sreedharan, Verdant Energy benefits from a strong C-Suite team and A.P. Moller Capital’s extensive network and ethical standards. This initiative aligns with A.P. Moller Capital’s strategy of leveraging macroeconomic trends and advancing decarbonization in growth markets.
Dhruv Narain, Partner at A.P. Moller Capital, emphasized the potential of Verdant Energy to address rising renewable energy demands in the region, building on their renewables investments since 2019. Alan Yau expressed confidence in the team’s ability to drive sustainable development in Southeast Asia, reflecting the ethos of “doing well while doing good.”