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Skye Renewables Enters Funding Agreement with responsAbility Investments AG

Skye Renewables has entered into a USD 15m funding agreement with funds affiliated with responsAbility Investments AG to support the construction of renewable assets across Malaysia, Philippines and Vietnam.

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Skye Renewables
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Skye Renewables Enters Funding Agreement with responsAbility Investments AG

Skye Renewables is delighted to confirm that it has entered into a funding agreement with funds affiliated with responsAbility Investments AG ("responsAbility").

The USD 15m facility will be used to support the construction of renewable assets in Malaysia, Philippines and Vietnam — the core markets for Skye Renewables — including both onsite/rooftop solar systems and offsite/grid-connected renewables for corporate off-takers.

This partnership reflects the growing confidence of international impact investors in Southeast Asia's renewable energy transition, and in Skye Renewables' ability to deliver high-quality clean energy projects across the region.

responsAbility is a leading asset manager in development finance, with a focus on emerging and frontier markets. Their investment supports businesses that contribute to sustainable development, making this a natural alignment with Skye Renewables' mission to accelerate the adoption of renewable energy for corporate customers across Southeast Asia.

We look forward to deploying this capital across our pipeline of projects and continuing to grow our presence in the region.

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#funding#responsAbility#Malaysia#Philippines#Vietnam#renewable energy
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