Ecobiz.asia — Singapore-based renewable energy developer Equator Renewables Asia (ERA) has raised S$50 million to fund large-scale solar, green hydrogen and sustainable industrial zone projects in Indonesia, backed by strategic investors including KPN Corporation and Tsao Pao Chee Group.
KPN and Tsao Pao Chee (TPC) jointly contributed S$30 million as cornerstone investors, while the remaining S$20 million was provided by...