GenZero, the decarbonisation-focused investment platform wholly owned by Temasek, has acquired a limited partner stake in Seraya Partners Fund I through a secondary transaction. The financial details of the acquisition remain undisclosed.
The transaction positions GenZero as a key investor in the fund, which focuses on developing next-generation sustainable infrastructure across the Asia-Pacific region.
Seraya Partners Fund I targets middle-market infrastructure platforms within three core thematic sectors essential to regional energy transitions: the transition to zero-emission power, the electrification of transport, and the development of energy-efficient digital infrastructure.
The fund’s existing capital allocations have driven the scaling of several prominent sustainable platforms across Asia, including:
- Emisigo: A regional electric vehicle (EV) charging platform expanding commercial and consumer infrastructure.
- Astrid Renewables: A developer focused on distributed solar and wind generation across fragmented Asian markets.
- Quanta Power: An infrastructure firm specializing in energy-efficient data centres engineered to reduce the high carbon intensity of digital storage and computing.
The acquisition aligns with GenZero’s dual mandate of delivering long-term financial returns alongside measurable carbon mitigation. By entering the fund via a secondary market transaction, GenZero gains immediate exposure to a mature, operating portfolio of climate-tech and decarbonisation assets.
The partnership leverages GenZero’s deep sustainability expertise and technical knowledge alongside Seraya Partners’ hands-on operational capability in complex Asian regulatory and infrastructure environments. The collaboration is designed to provide the necessary scale, commercial governance, and project finance required to move early-stage green infrastructure into highly efficient, utility-scale operations.
The transaction reinforces Singapore’s position as a primary hub for sustainable finance and capital allocation, serving as a gateway for institutional investment into high-impact climate infrastructure across Southeast Asia and the broader Asia-Pacific markets.
