Powering Progress: BECIS Secures $50M for Southeast Asia Expansion
April 18, 2024, 3:53 am
BECIS, a leading energy-as-a-service provider, secures a joint financing facility of $50 million from BII and FMO to grow its rooftop solar portfolio in South and Southeast Asia. This investment will help BECIS avoid 319,000 tonnes of CO2 emissions per year and revolutionize the energy sector in the region. With a commitment to sustainability and innovation, BECIS aims to drive the adoption of renewable energy sources and promote energy literacy within communities across Vietnam, the Philippines, Indonesia, Thailand, Malaysia, and India. This partnership between BII, FMO, and BECIS underscores their shared vision for a thriving, sustainable future in Southeast Asia.