ABC Impact to acquire a 33% stake in Tekoma Energy for $50m.

ABC Impact, a private equity firm, agreed to acquire a 33% stake in Tekoma Energy, a renewable energy company specializing in photovoltaic solar power plants, for $50m. "We are pleased to partner with HSBC ETI and the Tekoma teams to advance this platform and support its growth. As we continue to seek opportunities across the region, we are focused on addressing climate challenges with practical, scalable solutions that can drive meaningful impact," Tan Shao Ming, ABC Impact CIO.