About Vena Energy

Vena Energy’s first asset base originated in 2012 with investments into 10 solar projects in Thailand totaling 92 MW.
In 2013, we expanded into Japan by investing in four solar assets totaling 48 MW, and into India with a 54 MW wind project.
In the following year, we invested in a 30 MW solar project and 54 MW wind project in the Philippines.
In 2015, we received our first successful bid for a 130 MW solar project in India, while expanding into Taiwan and Indonesia.
In 2016, we commissioned the 132 MW Project Pollo, Southeast Asia’s largest single solar project. Additionally, we signed the first 60 MW wind power-purchase-agreement (PPA) in Indonesia and expanded into Australia.
In the following year, we secured a tender to develop Taiwan’s largest solar project at that time, the 70 MW Mingus Solar Project.

Acquired by Global Infrastructure Partners (GIP), CIC Capital Corporation (CIC Capital) and Public Sector Pension Investment Board (PSP Investments).
Rebranded as Vena Energy and established a corporate platform in Singapore.
Commenced the construction of the 127 MW Tailem Bend Solar Project in South Australia.
Expanded into the South Korean market.

Obtained Investment Grade corporate rating.
Fully commissioned five solar and wind projects in Indonesia totalling 114 MW.
Commissioned five solar projects in Japan totalling 82 MW.
Commissioned a 127 MW solar project in South Australia.
Commissioned two solar projects in Taiwan totalling 80 MW, including Taiwan’s largest ground-mounted solar project.

First Singapore-headquartered company to issue a corporate USD green bond.
Commenced construction on a 47 MW wind project in Japan.
Signed a PPA for our first battery storage project in Queensland, Australia.
Secured our first hybrid wind and solar project in India and won a tender to build Taiwan’s largest solar project in Yunlin County.
Added the largest solar project in the Miyagi Prefecture in Japan to our construction portfolio.

Launched the VENUS program, the renewable energy industry’s first gender diversity-focused education sponsorship program for undergraduates with the Nanyang Technological University in Singapore.
Signed a JPY 53 bn Sustainability-Linked Revolving Credit Facility and were rated top 1st percentile in the global utility industry by Sustainalytics.
Surpassed 500 MW operating capacity in Japan and began commercial operation of our first wind project.

19 GW of offshore wind pipeline reached with project advances made in Japan, South Korea, Taiwan, and Australia.
Grant for green hydrogen project awarded by the Australian government.
First green project bond raised in Japan with a global investment group.
Taiwan’s largest solar project E2 awarded “Renewable Energy Deal of the Year” by Triple A Infrastructure Awards.
VENUS program expanded to Japan in partnership with Tokyo University.
Vena Energy Philippines named “Best Company to Work For in Asia 2022” by HR Asia for 2 consecutive years.

Commissioned 5 solar & wind projects totaling 421 MW
Contracted 1.2 GW of renewable energy across Southeast Asia, bringing Vena Energy’s OCC portfolio to 7.2 GW
Awarded The Royal Society for the Prevention of Accidents Awards in Taiwan, Indonesia, and the Philippines for commitment to health & safety
Awarded the APEX Green Leaf Award for Sustainability in India
Recognised at the HR Tech Festival Award for Best Workplace Culture & Engagement
Named “Best Companies to Work for in Asia 2023” by HR Asia in the Philippines and Indonesia for 3 consecutive years in the Philippines