responsAbility to Invest up to USD 23 Million in KIS Group to Expand Bio-Energy Portfolio

Zurich, 2nd July 2025 – As part of its broader climate investment strategy aimed at actively reducing CO₂ emissions in Asia, responsAbility will invest up to USD 23 million in KIS Group, a Singapore-based company that provides sustainable clean technologies for the waste-to-energy and related sectors. This partnership supports responsAbility’s commitment to catalyzing sustainable development in emerging markets through innovative, climate-focused investments.

Headquartered in Singapore, KIS Group is pioneering sustainable energy transformation across South and Southeast Asia through its waste-to-energy technologies. With nearly two decades of experience, KIS delivers turnkey solutions that convert industrial and domestic waste into clean fuels. By enabling efficient waste management and offering cost-effective renewable alternatives to fossil fuels, KIS helps clients reduce operational costs by up to 30% while advancing their decarbonization goals.

Enabling Clean Energy from Waste in Southeast Asia KIS Group brings over 18 years of experience in waste treatment and has successfully implemented waste-to-energy EPC projects across Indonesia, India, and similar markets. The company offers end-to-end solutions for converting various types of liquid and solid waste such as Palm Oil Mill Effluent (POME) and Empty Fruit Bunches (EFB) into clean fuels like Biogas and BioCNG, along with advanced water and wastewater treatment systems. Since inception, KIS has executed over 60 projects for leading clients including Unilever, Cargill, LG, and SIPEF, with a strong operational footprint in India and Indonesia. These projects help stakeholders manage waste more efficiently while reducing their carbon footprint by replacing fossil fuels with cleaner, cost-effective alternatives. The proposed funding will support the development and construction of multiple BOOT-model Bio-energy plants in Indonesia, further accelerating KIS’s role in the region’s renewable energy transition.

K. R. Raghunathan, Founder & CEO of KIS Group, said: “We extend our sincere thanks to responsAbility for investing in KIS Group. This funding round will enable us to build and commission six new BioCNG projects by 2026. We are excited to have responsAbility as our long-term strategic partner as we embark on our next phase of growth with an aim to build another 25 projects by 2027 and 100 projects by 2029. Over the last 2 years we have successfully commissioned our first two Biogas/BioCNG projects in Indonesia, thanks to the support of Unilever - our anchor off-taker and long-term partner for BioCNG. These projects aim to capture methane emissions that contribute to climate change and convert them into green fuel. By doing so, they are expected to diversify Indonesia’s energy portfolio through locally produced renewable fuels, create jobs in rural communities, and help position Indonesia as a regional leader in Biogas and BioCNG. We also extend our sincere thanks to the Corporate Finance team from KPMG in Singapore, our trusted Financial Advisor.”

Stefan Issler, Head of Climate Infrastructure Investments at responsAbility, said: “We are excited to partner with KIS Group as they expand their innovative waste-to-energy solutions across Southeast Asia. Their approach not only supports the shift to cleaner fuels but also contributes to a more circular and sustainable industrial ecosystem. This investment reflects our commitment to accelerating climate-resilient infrastructure in emerging markets.”

Suhasini Singh, Head of Sustainable Food Debt / Country Director India at responsAbility, said: “Our partnership with KIS is an important step towards catalysing agriculture waste to energy solutions in SE Asia and underlines our commitment towards decarbonizing the global food system. The investment strongly complements our funds’ investment thesis of supporting high impact businesses that promote climate smart agriculture practices.”

About KIS Group KIS Group is a Singapore-based clean technology company specializing in sustainable waste-to-energy solutions across South and Southeast Asia. The company provides turnkey and BOOT-model infrastructure for converting industrial and agricultural waste into clean fuels. They also offer advanced water and wastewater treatment systems, supporting industries in reducing emissions, optimizing resource use, and advancing toward net-zero goals.