📣Breaking News: We are pleased to announce that Swedfund International has made its first equity investment in #Indonesia’s renewable energy sector by investing USD 10 million in Xurya Daya Indonesia, an innovative solar power company. The investment aims to accelerate Indonesia's transition to a sustainable energy future. "We are proud to partner with Xurya in our first equity investment in Indonesia's renewable energy sector. With a shared mission to combat climate change in a high emitting country and a focus on measurable impact metrics, we look forward to actively contributing to a sustainable impact for people and the environment alike." - Gunilla Nilsson, Investment Director, Energy & Climate at Swedfund. Xurya Daya Indonesia has already: 🌞 Developed over 170 roof top solar projects across Indonesia. ⚡ Avoided 152,000 tonnes of CO2 emissions annually. 👩🔧 Created over 1,600 green jobs. With this funding round, the company is expected to avoid a further 370,000 tonnes of CO2 per year. Sharing the mission to combat climate change, we look forward to contributing to significant emission reductions, job creation, and sustainable economic development in Indonesia. 🌏 ➡ Read more: https://bit.ly/3zCDdog The investment is part of a USD 55 million financing round led by Norfund and with the participation of Clime Capital, AC Ventures and British International Investment. 📸: Xurya Daya Indonesia #Swedfund #greenenergy #solarpower #solar #sustainabledevelopment #climatechange #Indonesia
Inspiring!
Well done!
Congratulations to Swedfund International and Xurya Daya Indonesia on this impactful investment. It's inspiring to see such a strong commitment towards renewable energy and sustainable development. How do you envision the continued growth of the solar power sector in Indonesia over the next decade?