MANILA, Philippines – Philippine-based private equity investor New Wave Strategic Holdings Incorporated and its Malaysian government-backed fund partner Emissary Capital Emissary Capital is set to invest $50 million in renewable energy.
“It is important that the Philippines develops a more mature ecosystem with capital providers across various stages of the investment cycle. With Emissary’s entry into the Philippines, we are providing more founders and entrepreneurs access to growth capital as well as a regional network that can help them expand across Southeast Asia,” New Wave director Enrique Gonzalez said.
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