Clifford Capital, a Singapore-headquartered global infrastructure credit platform, announced Monday that the Energy Transition Acceleration Finance Partnership (ETAF) has secured $345 million in aggregate commitments, including the $250 million first close announced by the Monetary Authority of Singapore (MAS).
Clifford Capital said in a statement that the first close was anchored by MAS and the Private Infrastructure Development Group (PIDG), with DBS Bank as the inaugural senior debt financier.
The aggregate commitment reflects participation from a broader set of investors, including Temasek, alongside additional commitments secured beyond the first close. Clifford Capital has also committed capital to the mezzanine tranche.
“This milestone reflects growing institutional momentum behind scalable financing solutions for critical infrastructure,
“By bringing together public and private capital, ETAF is well positioned to help accelerate the development of bankable projects across the region,” said Lily Choh, Group Head of Asset Management at Clifford Capital.
ETAF is expected to raise additional capital through future closings as it broadens its investor base.