Susi backs Alba for Philippines expansion


April 9, 2024

Renewables investor Susi Partners has agreed to support the expansion of Alba Renewables in the Philippines wind and solar sectors through its Susi Asia Energy Transition Fund.

Susi said it would focus on backing projects in the next two years and this would enable Alba to build its development and operational activities in the Philippines and more widely in southeast Asia.

In addition, Susi said backing Alba has also prompted the company to carry out additional fundraising for the SAETF vehicle.