Gunung Capital sets its sights on ESG assets with $500 million war chest
The family office aims to tap its heavy industry experience to help others make the green transition and deploy its capital in clean energy and climate tech projects.
When it comes to decarbonisation, investment firm Gunung Capital believes firmly it should begin at home.
The private investment company aims to invest $500 million in environmental, social and governance (ESG) assets, with a portion earmarked for decarbonisation initiatives for the steel business of its Indonesia-based portfolio company Gunung Raja Paksi (GRP), said Gunung Capital’s managing partner Kelvin Fu to AsianInvestor in an interview.
Kelvin Fu
Gunung Capital…
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