PCG Global, a Singapore-based clean energy platform focused on renewable energy infrastructure, has announced the closing of its Pre-Series A financing round, led by GenZero, a wholly owned Temasek platform focused on accelerating decarbonization globally.
PCG Global said in a statement on Tuesday that the proceeds from PCG Global’s first external capital raise will be deployed to accelerate project origination and execution across Southeast Asia, Oceania and the Middle East, where net-zero commitments and rising power demand are driving rapid growth for renewables.
The company already has its first operational project in Indonesia and is advancing utility-scale opportunities in the region.
PCG Global was founded in Singapore by the team behind PCG Power, one of China’s leading distributed energy operators, with more than 2GW of operational assets.
PCG Global draws on this track record to replicate a full-cycle “development–construction–operation–asset securitization–reinvestment” model across international markets.
It currently has approximately 1.8GW of projects in various stages of development, spanning distributed solar, utility-scale plants, behind-the-meter storage and smart energy management, with a full-lifecycle offering from financing and development through to operations and carbon management.
“This round reflects institutional confidence in our ability to translate proven distributed energy capabilities into high-quality outcomes beyond China. We look forward to delivering lasting impact across our target markets,” said Li Wenxuan, Chairman and Chief Executive Officer of PCG Power.
Kimberly Tan, Head of Investments at GenZero, said the PCG team has demonstrated strong capabilities across capital management, project development and operational execution.
“We believe they are well-positioned to expand globally, particularly in regions with significant demand for clean and resilient energy infrastructure,” she added.
Headquartered in Singapore, PCG Global operates under independent governance with dozens of professionals and development teams spanning its target markets.
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