“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Wednesday, February 11, 2009

Ant to raise $250 mln Indonesia clean tech fund

By Leonora Walet, Tue Feb 10, 2009 5:33am EST  

HONG KONG, Feb 10 (Reuters) - Ant Global Partners Pte Ltd, a private equity firm controlled by agricultural lender Norinchukin Bank of Japan [NORB.UL], plans to raise a $250 million clean technology fund over the next three years focused on ventures such as water treatment and renewable projects in Indonesia. 

Ant Global is the Singapore-based arm of Ant Capital Partners, formerly Nikko antfactory KK, which manages about $1.4 billion in assets. Mitsubishi Corp (8058.T) holds a stake in Ant Capital. 

"Indonesia is a very big market, with about 240 million people, accounting for two-fifths of ASEAN's population, and yet surprisingly it's an overlooked market for clean tech investment," said Kim Jung Kyu, vice president for Ant Global Partners, on the sidelines of the Green Investment Summit 2009 in Hong Kong. 

The fund is being raised in partnership with Indonesia 's finance ministry. The country's sovereign wealth fund, Government Investment Unit (GIU) will raise 10 percent of the fund. 

Ant Global aims to raise $50 million by June and complete a $100 million funding by the year-end. 

"Indonesia's geography, with its numerous islands, constitutes a unique opportunity to build a distributed energy platform. The country is endowed with an abundance of renewable sources of sunlight, wind, geothermal wells and biowaste," Kim said. 

Ant Global is eyeing waste-to-energy ventures and wind farms which could offer an investment rate of return of 20-25 percent. The private equity firm is also seeking water treatment facilities and some agriculture technology-related ventures. 

A lack of power and water infrastructure in Indonesia is driving investment in those sectors, Kim said. 

Fewer than 53 percent of Indonesians have access to electrical power, while only 27 percent of households have access to piped water. Fresh water availability has been a growing problem in the country, which suffers from water pollution from untreated industrial waste. 

(Reporting by Leonora Walet; Editing by Tony Munroe & Ian Geoghegan)

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