Asia Cube Solar, a wholly-owned renewable energy platform, recently acquired five operating ground-mounted solar farms with 143-megawatts of installed capacity in Shandong province. The facilities operate under a well-established, 20-year feed-in-tariff regulatory framework in China. The company is also developing a healthy pipeline of projects in OECD Asian countries such as Japan and Taiwan.
Asia Cube Energy is a dedicated combined heat and power (CHP) energy management company. Asia Cube Energy helps industrial parks and corporate customers reduce energy costs and carbon emissions by replacing coal boilers with state-of-the-art natural gas systems to provide electricity, steam and chilled water. The company was awarded two exclusive, 30-year concession agreements to design, build and operate CHP facilities at the Maliu Industrial Park in Chongqing province and Si-an county in Zhejiang province. The projects cover over 300 acres and have more than 400 industrial customers in the textile, chemical, pharmaceutical and agricultural sectors.
About I Squared Capital: I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, and transport in the Americas, Europe, and select high growth economies. The Firm has offices in New York, Houston, London, New Delhi, Hong Kong and Singapore.