British institutional investor eyes SE Asia infra, renewables

British International Investment (BII), the UK’s £5.6-billion ($7.2 billion) foreign development finance institution, has up to £485 million to invest in Southeast Asia between now and 2026. Srini Nagarajan, head of Asia at BII, told AsianInvestor that the investments in Southeast Asia will focus on infrastructure, including water infrastructure; and renewables, including waste-to-energy, waste management, and EVs and related EV ecosystems. While there was lots of money flowing …