Power & Utilities

Power & Utilities

Enabling Asia’s energy transition

Power & Utilities

Enabling Asia’s energy transition

At a glance

DBS Power & Utilities industry coverage is at the forefront in providing innovating solutions to support Asia’s energy transition.

As the leading financial services group in Asia, our expertise encompasses financing solutions for lower carbon infrastructure such as LNG to power, as well as the entire range of renewable energy technologies comprising of Onshore and Offshore Wind Farms, Land-based and Floating Solar projects, Hydro, Geothermal and Hybrid projects. We advise and provide solutions for distributed generation and new technologies such as hydrogen, battery storage and energy efficiency.

Our impact

Enabling Asia’s growing power demand using clean energy is important to fight the war against climate change.

3,000 MW renewable energy projects financed

3,000 MW renewable energy projects financed

US$3.6 billion clean energy projects financed

US$3.6 billion clean energy projects financed

11 countries’ energy transition accelerated

11 countries’ energy transition accelerated

Deals

Our strategy and solutions are underpinned by the belief that market forces will continue to drive the energy transition in Asia, which will result in a seismic shift to sustainable investing and driving momentum in green financing.

  • Renewable Energy Platforms

    DBS supported Vena Energy in financing its 100MW Li-On Battery Energy Storage System in Australia...

  • Sustainable Investment & Financing

    DBS played a key role in financing Singapore’s first Sustainability linked loan in the energy sec...

  • Supply Chain and Digital Solutions

    DBS structured a Green Guarantee Facility for Siemens Gamesa to issue Green Guarantees to support...

  • Strategic Advisory and Finance

    DBS was the Joint Global Coordinator and played the leading role in securing USD 500m 5-year tran...

  • Structured, Leverage and Acquisition Finance

    DBS played a key role as the Lead Debt Financing Coordinator in the acquisition financing of one...

  • Innovating Renewable Energy Project Financing

    DBS advised and provided an innovative financing on a limited-recourse basis for an emerging tech...

Our current mandates
Singapore
  1. Advising a distributed generation platform company on its capital raising
  2. Advising an Asian renewable energy platform company on raising Mezzanine debt
  3. Advising Singapore power utility client on demerger of a non-core business
Vietnam
  1. Advising a European client on utility scale renewable project
Australia
  1. Financing a greenfield utility scale solar farm for Asian investor underpinned by contracted revenue stream from a State government owned utility
Bangladesh
  1. Advising a middle east developer on acquisition of a minority stake in an operating gas fired power project
Client stories

Green Bonds - Financing the fight against climate change

More than just numbers, Green bonds deliver much-needed investment and services that help uplift whole communities. Learn how DBS, together with Vena Energy is approaching the fight against climate change through sustainable financing.


Awards
The Asset Infrastructure Awards

The Asset

Infrastructure Awards

  • Project Finance House of the Year, Singapore, 2017 - 2020
  • Project Finance Advisory House of the Year, Asia, 2019 
GTR Best Deals 2020

GTR Best Deals

  • Yunlin (Wind Power) Project, Joint Lender, 2020 
  • Cofco International: Sustainability-linked Facilities, Joint Lender, 2020 
The Asset Infrastructure Awards

The Asset

Infrastructure Awards

  • Project Finance House of the Year, Singapore, 2017 - 2020
  • Project Finance Advisory House of the Year, Asia, 2019 
GTR Best Deals 2020

GTR Best Deals

  • Yunlin (Wind Power) Project, Joint Lender, 2020 
  • Cofco International: Sustainability-linked Facilities, Joint Lender, 2020 
Our industry experts

Lim Wee Seng, Managing Director & Group Head of Energy, Chemical & Infrastructure and Project Finance
 

Wee Seng’s expertise spans project and structured asset-backed finance across Asian markets for both merchant
and IPP/Captive business models, PPPs and oil and gas
(including LNG).


Kelvin Wong, Managing Director, Head of Power & Utilities
 

Kelvin has more than 21 years of experience in the energy and infrastructure sectors and corporate and project financing. He has led numerous deals as an advisor and an arranger in the renewable energy, power, and infrastructure sectors in Asia Pacific. Prior to DBS, Kelvin held senior positions with Commonwealth Bank of Australia, Standard Chartered Bank and KPMG. He started his career at Energy Market Authority where he served as a Deputy Director.


Get in touch
Call

Call

From overseas: +65 6222 2200
In Singapore: 1800 222 2200
Operating hours: 8.30am to 8.30pm, Mon - Fri (excluding PH)