Hogan Lovells advises Skye Renewables on landmark Southeast Asia portfolio financing

Headquartered in Singapore, Skye Renewables is a portfolio company partially owned by British International Investment (“BII”) and Idemitsu Kosan Co., Ltd. (“Idemitsu”) with assets across the Philippines, Vietnam, Thailand, and Malaysia. The financing was provided by Swiss impact asset manager responsAbility Investments AG, as part of its USD 500 million climate investment strategy for Asia, focused on scalable private-sector infrastructure solutions delivering measurable CO₂ reductions in high-growth markets.

The transaction involved coordination across multiple Southeast Asian jurisdictions and reflects the increasing sophistication of regional renewable energy financings.

The Hogan Lovells team was led by Stephen Clugston (Counsel, Singapore) and APAC Head of Infrastructure, Energy, Resources & Projects Matt Bubb (Singapore), supported by Joshua Everett (Associate, Singapore) and the firm’s Vietnam office comprising Gaston Fernandez (Office Managing Partner, Vietnam), Duong Pham (Counsel, Hanoi), Long Huynh (Senior Associate, Ho Chi Minh City) and Giang Nguyen (Trainee, Hanoi).