Schneider Electric has partnered with Swiss-Asia Financial Services to develop and fundraise for Schneider Electric Energy Access Asia Fund II (SEEAA Fund II), a blended finance vehicle targeting early-stage clean energy ventures across South and Southeast Asia.
Addressing a seven-fold clean energy investment gap
The collaboration combines Schneider Electric’s energy transition expertise and impact investing track record with Swiss-Asia’s fund management, structuring and investor engagement capabilities. The partnership is anchored in Singapore and targets markets including India, Indonesia, Vietnam and the Philippines.
The International Energy Agency estimates that annual clean energy investment in emerging and developing economies outside China will need to increase as much as seven-fold by the early 2030s to stay on track with climate and development goals. SEEAA Fund II is structured as a blended finance equity fund to reduce investment risk and mobilise private capital into underserved markets.
“This new collaboration brings together complementary strengths to support SEEAA’s next fund and expand its regional impact. With the partnership anchored in Singapore, it reflects the strength of the ecosystem here in supporting innovative start-ups and advancing a fair energy transition across Asia,” said Yoon Young Kim, Cluster President, Singapore and Brunei at Schneider Electric.
Fund targets scalable clean energy business models
SEEAA Fund II will focus on technology-enabled business models spanning energy generation, energy efficiency, energy management, circular economy and green finance. Through its blended finance structure, the fund aims to attract additional private capital into high-impact, early-stage ventures.
Building on Fund I, which deployed catalytic capital across 13 companies, SEEAA Fund II is projected to avoid approximately three million tonnes of CO2 emissions, benefit 3.5 million people and create around 5,000 jobs.
Also supporting the fund’s development is the Asia Climate Solutions Design Grant from Convergence, under its Blended Finance Accelerator, which is helping refine the fund’s capital structure and investor engagement strategy.
Singapore as a hub for regional impact capital
SEEAA has established a track record as a catalytic investor across South and Southeast Asia, backing early-stage ventures in clean energy access, energy efficiency, climate resilience and inclusive growth. The new fund forms part of Schneider Electric’s broader sustainability commitment to expand access to sustainable energy and support a just energy transition for underserved communities across Asia.
