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Completed
Synopsis
Actis, a growth markets investor in sustainable infrastructure, completed the acquisition of Barghest Building Performance, an Energy-Savings-as-a-Service provider for heating, ventilation and air conditioning (HVAC) systems in Asia. Financial terms were not disclosed. “Space cooling typically consumes up to 60% of an asset’s energy usage in Asia. With more than 400,000 RT of cooling systems optimised across 9 markets and generating savings year-over-year, bbp is excited to partner with our clients and Actis to further unlock value through cooling systems,” Boon Chye Hoe, bbp CEO.
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