August 12, 2022 [ Bangkokpost ] – Gulf International Investment (Hong Kong) Ltd (Gulf HK), a wholly owned subsidiary of Gulf Energy, has entered into a subscription agreement to invest €75 million, or about 2.7 billion
LCI Fund targets investments aligned with ESG (environmental, social, and governance) principles, with a fund life of approximately 10 years and an investment period of five years, for which capital calls will be made gradually.
Yupapin Wangviwat, Gulf chief financial officer, said her firm’s investment demonstrated its commitment to environmental and social responsibility, while also achieving good financial returns.
“LCI Fund targets investments in European-focused innovative and fast-growing companies that deliver measurable greenhouse gas impact, since Europe has allocated massive funds with concrete plans for investment in the energy transition from fossil fuels to clean alternatives,” she said.
The fund is advised by Lightrock, which was founded by the Princely House of Liechtenstein and is backed by LGT Group, a leading private banking and asset management group.
LCI Fund targets ESG-aligned investments across different investment themes such as energy transition, which includes renewable energy, battery storage and energy efficiency, decarbonising industries, sustainable transportation, and sustainable food and agriculture.
Pro Trial: Access 11,340 Tank Terminal and Production Facilities
11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data
