ReEx Capital Asia
ReEx Capital Asia Pte Ltd is a privately owned business advisory boutique specializing in the Asia Pacific Clean Energy sector, with its headquarters in Singapore and an office in New Zealand.
Founded in 2006, with support from REEEP[1] and DEG[2], under the name of “the Renewable Energy Exchange (Asia)”, the operation was rebranded in 2007 as “ReEx Capital Asia” when, as its Managing Director, Frédéric Crampé, explains “we needed to make it clear to the market that what we offer is a hybrid between consulting and “investment banking” type services, with a strong emphasis on building capacity within the clean energy markets, while facilitating access to appropriate sources of funding”.
Even though there is no real lack of funds or financially viable projects in the Asia Pacific region, the limited depth and immature nature of the clean energy market often makes it difficult for entrepreneurs and financiers to find each other.
The challenge for large mainstream investment banks is building the expertise to find viable, fundable projects or companies in this sector, and matching them with investors who have an appetite for smaller deals, which continue to dominate the space. Indeed the more mature companies that seek (or sought) investments such as Suzlon, Goldwind, Moser Baer, etc. are very few.
ReEx Capital Asia activities are targeted at filling this gap in the value chain by connecting capital with clean energy investment opportunities available today. We have a unique positioning and possess considerable expertise and experience in the Asia Pacific clean energy sector.
ReEx Capital Asia’s main activities cover originating investment opportunities, structuring deals and raising funds (debt/equity) for renewable energy infrastructure, biofuel production facilities, energy efficiency projects and clean energy product/services companies.
As commented by Dr. Mike Allen, chairman of the company, “Our goal is to accelerate the implementation of clean energy projects so we are not asking for exclusive mandates with clients. It’s up to ReEx to be faster and better at ensuring clients are appropriately funded. Project developers appreciate keeping their flexibility and we are confident in the business model as we have close relationships with a large group of investors and lenders. Incentives are aligned since ReEx gets a success fee only at financial closure”.
ReEx Capital Asia also offers technical / commercial / financial consulting services in the clean energy space. We’ve undertaken assignments for project developers, financiers, industry associations, startups and large companies as well as international agencies such as the ADB, UNEP, Australian Clean Energy Council, and REEEP.
Our consulting services can cover:
- Writing business plan and developing financial models
- Advising on project structuring
- Conducting feasibility studies
- Doing market and regulatory research
- Advising on a market entry strategy
- Identifying potential partners or acquisition targets
- Supporting investors in their due diligence
In developing the concept (as The Renewable Energy Exchange) input was drawn from individuals within major institutions (DEG, EcoSecurities, E+Co, CVC Group, IUT Global and Nordbank) all of whom have an interest in the clean energy market. These individuals continue to offer ongoing advisory support to ReEx Capital Asia, providing valuable market intelligence and contacts.
Note: ReEx Capital Asia makes no express or implied representation whatsoever that it is a licensed bank.
[1] The Renewable Energy & Energy Efficiency Partnership, an international collaboration based in Vienna.
[2] The development finance arm of the German KfW Bank