Aavishkaar Capital invests $7m in Indonesia’s Sei Balai Green Energy
Photo: Pixabay
Impact investor Aavishkaar Capital has made a total equity investment of $7 million into Indonesia’s Sei Balai Green Energy to support the development of its greenfield cassava processing plant.
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The firm plans to expand its operations in Indonesia and tap new markets like Vietnam and the Philippines.
The vehicle will be Aavishkaar’s seventh and largest fund with a target to close next year.
