SINGAPORE, 20 May 2026 – GenZero, a Temasek-owned investment platform focused on accelerating global decarbonisation, today announced a secondary purchase of a fund interest in Seraya Partners Fund I from the Asian Infrastructure Investment Bank (AIIB), a multilateral development bank focused on financing sustainable infrastructure to drive inclusive growth.
Managed by Seraya Partners, Seraya Partners Fund I is an Asia-focused mid-market infrastructure fund with investments in sectors that support the region’s energy transition and sustainable infrastructure development. Its portfolio includes Cyan Renewables, Asia’s largest marine energy transition operator with 35 specialised vessels serving energy and offshore wind developers and contractors; and Empyrion Digital, a pan-Asia low-carbon data centre operator with 290 MW of operating and under-construction IT capacity.
Kim-See Lim, Chief Investment Officer, Public Sector (Region 1) & Financial Institutions and Funds (Global) Clients at AIIB said: “This transaction demonstrates how secondary markets can help mobilize additional private capital for sustainable infrastructure in Asia. As the region continues to face climate and development financing needs, AIIB will remain committed to working with partners to strengthen market confidence and channel long-term private capital across the region.”
The transaction gives GenZero exposure to an established portfolio of energy transition and sustainable infrastructure assets across key Asian markets. It also reflects GenZero’s conviction that Asia-Pacific will continue to play a critical role in global decarbonisation, given the scale of the region’s infrastructure needs and the opportunity to mobilise capital towards practical, commercially viable solutions.
Kimberly Tan, Head of Investments, GenZero, said, “This investment reflects GenZero’s commitment to accelerating Asia-Pacific’s energy transition through scalable, enabling infrastructure. It also highlights how development finance and long-term private capital can work in tandem to advance climate outcomes. AIIB’s anchor investment helped catalyse Seraya Partners Fund I. The acquisition of AIIB’s stake provides GenZero with exposure to a portfolio of high-quality operating infrastructure assets, while enabling development capital to be recycled into the next frontier of climate solutions.”
About AIIB
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond – infrastructure with sustainability at its core. AIIB began operations in 2016, now has 111 approved members worldwide, is capitalized at USD100 billion, and is AAA-rated by major international credit rating agencies. AIIB collaborates with partners to mobilize capital and invest in infrastructure and other productive sectors that foster sustainable economic development and enhance regional connectivity.
For more information on AIIB, visit www.aiib.org.
About GenZero
GenZero is an investment platform company focused on accelerating decarbonisation globally. Founded by Temasek, it seeks to deliver positive climate impact alongside long-term sustainable financial returns by investing in opportunities with the potential to be nurtured into impactful and scalable solutions.
Driven by a common purpose to decarbonise for future generations, GenZero recognises the need for a holistic and integrated approach to achieve a net zero world. It adopts a flexible investment approach across three focus areas to drive climate impact: (i) nature-based solutions that help protect and restore natural ecosystems while benefiting local communities and biodiversity; (ii) technology-based solutions that deliver deep decarbonisation impact; and (iii) carbon ecosystem enablers that support the scaling of carbon markets and enable broader industry decarbonisation.
For more information on GenZero, visit www.genzero.co.
About Seraya Partners
Seraya Partners is a leading Asia-focused private equity fund manager dedicated to next-generation infrastructure investments. Headquartered in Singapore, the firm targets control-oriented, middle-market investments in the digital infrastructure and energy transition sectors. With USD 2.5 billion in assets under management, Seraya manages long-term capital for global institutional investors, including sovereign wealth funds, pension funds, and insurers. By identifying key supply and demand gaps, Seraya Partners builds and scales market-leading infrastructure platforms that drive sustainable economic growth across the Asia-Pacific region.
For more information on Seraya Partners, visit www.serayapartners.com.