Aden Energies and Sequoia China Reach a 1.5GW Investment Agreement; Major Changes Ahead for the Asia-Pacific Market

Aden Energies, the B2B new energy and energy technology subsidiary of Aden Group, is proud to announce that it has entered into a strategic partnership with Sequoia China New Infrastructure Fund. Under this agreement, the two parties will establish an asset-heavy entity in Hong Kong and Singapore, which will be managed and operated by Aden Energies. Following the initial investment, Aden Energies will significantly strengthen its core market position in the Asia Pacific region, which will include enhancing its project investment capabilities in China, Vietnam and Indonesia, as well as advancing the development goals of the Special Purpose Entity.

Today, Aden Energies and Sequoia China New Infrastructure Fund jointly announced that they have successfully reached the first phase of the investment agreement. The cooperation will effectively promote Aden Energies' large-scale decarbonization investment projects in industrial, commercial and municipal facilities, and promote the successful implementation of these projects through Aden Energies' integrated energy investment and asset management model. The first phase aims to achieve 1.5GW of energy projects.

In its first year, Aden Energies will focus on providing integrated new energy and storage solutions for regional and multi-site facilities. With the new resources, Aden Energies will also continue to further expand its business layout in China, and support more new and old customers in the ASEAN market to realize energy transformation and upgrading through stable resources in Vietnam and Indonesia.

Joachim Poylo, founder and President of Aden Group, commented: "We are very honored to establish this partnership with Sequoia China, which is a landmark moment for Aden Group. In the future, in the field of new energy infrastructure, we look forward to working together with Sequoia China to create a sustainable future."

Aden Energies is the new energy and energy technology business of the Aden Group, dedicated to driving energy transition and decarbonization initiatives in large enterprises and municipal buildings. The company's main investments include renewable energy, storage, energy assets and VPP virtual power plants. Meanwhile, through Akila, the group's digital platform, Aden Energies offers advanced energy infrastructure and data-driven performance optimization solutions to help customers achieve more efficient and sustainable energy use.