Asia Clean Capital Vietnam receives backing from Swiss Investment Manager

As a leader in the development of clean energy solutions in Asia, ACC helps international and domestic firms decarbonise their energy supply and meet internal and transnational environmental, social and governance (ESG) targets.

The investment from SUSI Partners will allow Asia Clean Capital Vietnam to help multinational and leading domestic companies decarbonise their energy supply

ACC has developed over 165MW of commercial and industrial rooftop solar and over 30MW of ground energy projects in partnership with many of the world’s top multinationals.

Over 90 per cent of the clean electricity produced is consumed by ACC’s clients. Its local and international management teams bring many years of rooftop solar and ground energy project design, development, and operational experience to Vietnam.

ACCV and SUSI Partners share a belief that embedding ESG standards across business operations and investment activities creates sustainable value for all stakeholders.

ESG practices have always been a focus for ACC. The MNC clients that ACC serves have very demanding ESG targets and the clean energy solutions that ACC provides directly reduces its clients’ carbon footprint while the blockchain sustainability data management software that ACC deploys provides auditable, verifiable data for sustainability management, reporting and green finance. ACC’s ESG performance and compliance is market leading, having been developed in partnership with the global financial institutions that have supported ACC through its growth.

ACCV’s mixed ground-mounted and rooftop solar project at SC VivoCity Mall (District 7, Ho Chi Minh City)

SAETF’s investment will allow ACCV to help multinational and top domestic companies decarbonise their energy supply.

"ACC parties with large foreign-invested corporations to decarbonise their energy supply and contribute to Vietnam’s commitment to achieving Net-zero carbon emissions by 2050. We are dedicated to bringing innovative renewable energy solutions to the market, and believe in the power of on-site climate technologies to lead the transition to a cleaner future," said CEO Michael Viet Luong. "With SUSI Partners, we have found a partner whose longstanding track record and exclusive focus on energy transition investments aligns perfectly with our ambition to support global climate targets."

SUSI Partners is a Swiss-based investment manager specialised in energy transition infrastructure investments, with $2.07 billion in capital commitments from institutional investors. The firm invests globally through dedicated equity and credit strategies.

“Our mandate aims to enable emerging economies in Southeast Asia to grow sustainably. Together with ACCV, we look forward to accelerating the urgently needed buildout of clean energy supplies in Vietnam, which is rapidly becoming one of the most important manufacturing centers in the world,” said Wymen Chan, head of Asia at SUSI Partners.

Indian research intern: Vietnam’s clean energy transition accelerates Vietnam is undergoing clean energy transition at an accelerating rate and is considered the leader of clean energy transition in Southeast Asia, Shubham Rai, a research intern in the Southeast Asia and Oceania Centre at Manohar Parrikar Institute for Defence Studies and Analyses (MP-IDSA), India, wrote in an article.

Vietnam among top 10 most attractive destinations in Asia: The Travel The Travel, a well-known travel site in Canada, has ranked Vietnam in the fifth place on a list of the top 10 most attractive destinations in Asia.

ACCV’s first battery storage project with Motul in Vietnam Solar rooftop developer Asia Clean Capital Vietnam last month has announced that it has signed a 20-year power purchase agreement (PPA) with Vilube, a subsidiary of Motul group, for its production base in Ho Chi Minh City.