responsAbility Backs Verdant Energy’s Renewable Energy Growth Across Thailand

Zurich and Bangkok, 16 September 2026 - responsAbility will provide up to USD 25 million in non-recourse project financing, on behalf of its investors, to support the expansion of Verdant Energy’s solar portfolio in Thailand. Headquartered in Singapore, Verdant Energy develops, constructs, owns and operates renewable energy assets across Southeast Asia, with offices in Thailand, Vietnam, and the Philippines. The transaction forms part of responsAbility’s USD 500 million climate investment strategy for Asia, a private debt strategy focussed on climate infrastructure across emerging and developing markets and supporting scalable private-sector infrastructure solutions that contribute to decarbonisation.

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 decarbonisation while addressing growing energy demand in emerging markets. Verdant’s strong execution track record, scalable business model, and presence in Thailand, a market with attractive renewable energy growth prospects, make it a compelling partner for advancing clean energy deployment in the region.”

Verdant management’s vision for renewable energy growth in SEA

Alan Yau, CEO Verdant Energy said: “Southeast Asia is at the forefront of the global energy transition, driven by rapid economic growth and increasing demand for reliable, affordable and sustainable power. At Verdant Energy, our vision is to be a leading regional renewable energy platform by partnering with governments, customers, and capital providers to accelerate the deployment of high-quality clean energy infrastructure. This collaboration with responsAbility further strengthens our financial capacity to scale our portfolio and contribute meaningfully to the region's decarbonisation journey.”

Sivaramakrishnan Sreedharan, CIO Verdant Energy: “Access to long-term, flexible project capital is essential to scaling renewable energy infrastructure. This facility enables us to accelerate the delivery of bankable projects while maintaining the disciplined investment and risk management principles that underpin Verdant Energy’s growth strategy across Southeast Asia”

Investing in Asia’s energy transition

This facility underscores responsAbility’s commitment to deploying capital from its USD 500 million Climate Investment Strategy for Asia, which is dedicated to accelerating decarbonisation across emerging and developing markets in the region. By backing scalable platforms such as Verdant Energy, we aim to support the build-out of critical renewable energy infrastructure while mobilising private capital towards Asia’s energy transition.

About Verdant Energy Verdant Energy is backed by A.P. Moller Capital through the Emerging Market Infrastructure Fund II (EMIF II). The company develops, owns, and operates renewable energy assets across Southeast Asia, with strategic priorities spanning Commercial & Industrial (C&I) rooftop solar projects, utility-scale solar, onshore and nearshore wind farms, and hybrid energy storage systems.

With the support of EMIF II, Verdant Energy is well positioned to accelerate the expansion of its renewable energy portfolio in Thailand and across Southeast Asia. As part of its growth strategy, the company is targeting more than 1.5 GW of installed renewable energy capacity over the next five years, reinforcing its commitment to supporting the region's clean energy transition.