The $53B Asian Infrastructure Investment Bank has signed an agreement with global asset manager Keppel Ltd.’s fund management platform to facilitate and mobilize up to $1.5B in sustainable infrastructure investments across the Asia-Pacific region.
Through investing in Keppel’s private funds, AIIB will be able to identify and invest in infrastructure projects developed by the firm that focus on advancing green infrastructure, enhancing regional connectivity and supporting technology-enabled solutions. Target sectors include renewable energy, power transmission and distribution, digital infrastructure, transport, and urban services.
In a press release, Rajat Misra, AIIB’s acting chief investment officer for (Region 1) and financial institutions and funds (Global) clients, said the agreement reflects the infrastructure bank’s continued commitment to partnering with leading institutions to finance infrastructure that is green, technology-enabled and regionally connected. “We look forward to expanding our collaboration to support resilient and forward-looking infrastructure across Asia-Pacific.”
The initial term of the agreement extends through December 2030 and aligns with AIIB’s Corporate Strategy for 2021–2030. In addition to mobilizing capital for sustainable infrastructure, the partnership aims to strengthen institutional collaboration and knowledge sharing between AIIB and Keppel.
