23/07/2024
Tigermar builds on green credentials
As the appointed risk advisory and insurance partner, Tigermar are proud to announce the successful conclusion of BECIS’ recent US$30 million loan facility. One of the largest debt financing loans of its kind for sustainable bioenergy projects across Southeast Asia and India, Tigermar were honored to help facilitate the joint green loan collaboration between BECIS - Commercial Industrial Solutions, Pentagreen Capital and Clifford Capital.
The collaboration between these boundary pushing partners shows the direction of where decentralised renewable energy infrastructure is heading, especially at a time when large parts of the world are experiencing the devastating effects of climate change caused by global warming.
Our strength in depth, the understanding of our clients’ needs, and the knowledge on how to optimise their risk management requirements, all helped to create the conduit to conclude this groundbreaking transaction. Tigermar are confident that this innovative transaction will lead the way in many more partnerships and further financing solutions to this growing sector.
With special thanks to BECIS CFO, Diana Leng, and BECIS team, Soon Tat Ng Zhi L., Pentagreen Capital Melvin Gwee and Clifford Capital Kae Xiang Leong for the engagement and trust.
For more information on the green loan collaboration: https://be-cis.com/green-loan/