BAKU, Azerbaijan, March 18. European Investment
Bank’s development arm, EIB Global, has committed $70 million as a
cornerstone investment in PATRIZIA’s Emerging Asia Sustainable
Infrastructure Fund (ESIF), a climate-focused platform managed with
Mitsui & Co., Trend reports via the EIB.
The fund aims to mobilize private capital into renewable energy,
sustainable cooling, and low-carbon mobility projects across
emerging Asian markets, including the Philippines, Malaysia,
Thailand, Viet Nam, India, and Indonesia. The anchor investment is
expected to catalyze additional institutional funding and deliver
measurable climate and development impacts.
“Emerging Asia is at the forefront of the global energy
transition but faces a significant funding gap for sustainable
infrastructure,” said Saji Anantakrishnan, Head of Infrastructure,
Australia & Asia at PATRIZIA. “The commitment from EIB Global
reinforces our ability to scale high-impact platforms in
renewables, sustainable cooling, and low-carbon mobility.”
EIB Vice-President Nicola Beer said the investment demonstrates
how the bank can crowd in European and global capital to build
clean, resilient infrastructure while advancing EU Global Gateway
priorities.
The $300 million fund will focus on mid-market equity
investments of $20–70 million, with at least 50% dedicated to
sustainable energy solutions and climate-resilient infrastructure.
Upon closing, ESIF will be seeded with three growth platforms —
Parkwise Inc. and Buskowitz Energy Inc. in the Philippines, and
Kaer across Singapore, Malaysia, India, and Indonesia — providing
immediate exposure to scalable, high-impact energy transition
solutions.
The strategy leverages Mitsui’s extensive infrastructure network
across the Asia-Pacific region for local origination and asset
management. ESIF succeeds PATRIZIA and Mitsui’s Emerging Markets
Infrastructure Fund, launched in 2008 and fully divested by
2020.
