HomeSingaporeBecis Raises US$53M in Equity Financing

Becis Raises US$53M in Equity Financing

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BECIS

Becis, a Singapore-based company which specializes in a variety of decarbonisation solutions, raised US$53M in equity funding.

Backers included FMO, KLP Norfund Investments, Pula Investments and Siemens Financial Services.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Eren Ergin Becis is an Energy as a Service (EaaS) provider to commercial and industrial customers. With the EaaS model, it develops, constructs, operates and owns distributed energy solutions. This reduces the risk and complexity for its customers whilst achieving their key objectives of sustainability, increased cost efficiency and resilience of their energy infrastructure.

The company operates across eight strategic markets—India, Thailand, Indonesia, Vietnam, Philippines, Malaysia, China, and Cambodia

FinSMEs

11/12/2024

THE DAILY NEWSLETTER - SIGNUP