Verdant Energy Secures Up to USD 25 Million in Non-Recourse Project Financing from responsAbility to Accelerate Solar Growth in Thailand
Verdant Energy Secures Up to USD 25 Million in Non-Recourse Project Financing from responsAbility to Accelerate Solar Growth in Thailand
Singapore, 16 September 2026 – Verdant Energy (“Verdant”), a renewable energy platform backed by A.P. Moller Capital through its Emerging Markets Infrastructure Fund II (EMIF II), today announced that it has secured up to USD 25 million in non-recourse project financing from responsAbility Investments AG (“responsAbility”), acting on behalf of its investors.
The financing will support the development, construction and operation of Verdant’s growing portfolio of commercial and industrial (C&I) solar projects in Thailand, providing long-term capital to accelerate project deployment while reinforcing the company’s disciplined project financing approach.
The transaction represents another important milestone in Verdant’s growth strategy as it continues to expand its renewable energy platform across Southeast Asia. With an established presence in Thailand, Vietnam and the Philippines, Verdant develops, constructs, owns and operates renewable energy assets that support the region’s increasing demand for reliable, affordable and sustainable power.
“This financing is an important milestone for Verdant as we continue to scale our renewable energy platform across Southeast Asia,” said Alan Yau, Chief Executive Officer of Verdant Energy. “Partnering with responsAbility strengthens our access to long-term project capital and enables us to accelerate the deployment of high-quality solar projects in Thailand. We are pleased to work alongside an investor that shares our long-term commitment to supporting the region’s energy transition.”
The financing also reflects the support of Verdant’s shareholder, A.P. Moller Capital, whose Emerging Markets Infrastructure Fund II invests in infrastructure platforms that contribute to sustainable economic development across high-growth emerging markets.
“Long-term, flexible project financing is critical to delivering renewable energy infrastructure at scale,” said Sivaramakrishnan Sreedharan, Chief Investment Officer of Verdant Energy. “This facility enhances our ability to efficiently finance bankable projects while maintaining the disciplined investment and risk management principles that underpin our growth strategy. We look forward to building on our partnership with responsAbility as we continue expanding our portfolio across the region.”
The financing is being provided through responsAbility’s USD 500 million Climate Investment Strategy for Asia, which mobilizes private capital for climate infrastructure investments across emerging and developing markets.
Jay Bathija, Principal, Climate Infrastructure Investments at responsAbility, said” This transaction is fully aligned with responsAbility’s strategy of supporting scalable renewable energy companies that contribute to decarbonization while addressing growing energy demand in emerging markets. Verdant’s strong execution track record, scalable business model, and presence in Thailand, a market with