Pioneer of power by solar, battery, and wind
Headquartered in Singapore, Aster Renewable Energy is a KKR-sponsored renewable energy platform that develops and invests in renewable energy assets across Asia. An expert management team leads Aster with decades of experience and a track record of more than 2GW of renewable projects across Asia. The team is well-versed in developing, delivering, financing and operating first-class renewable energy projects and integrating material Environmental, Social, and Governance considerations into the value creation process. In addition, the platform seeks to collaborate closely with stakeholders and business partners to achieve win-win outcomes while advancing the region’s energy transition towards a better, sustainable future for its communities. Aster aims to become the leading renewable development and investment platform in Asia. The markets of immediate focus are Taiwan and Vietnam, where the platform targets compelling solar and onshore wind opportunities to expand its footprint into other markets in Asia.
KKR is a leading global investment firm that manages alternative asset classes, including private equity, credit and tangible assets, with strategic partners managing hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. In the Asia Pacific, KKR takes a flexible approach to infrastructure investment and combines the capabilities of its local teams with the firm’s global industry and operational expertise to add value to companies. KKR has over ~US$43 billion of assets under management in infrastructure and natural resources, and its global infrastructure portfolio spans sectors such as energy, transportation, telecom, oil and gas, and water.
References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.
Meet Our Team
CEOMr Chen Wei is a power expert with 24 years of engineering and management experience in power generation projects. He has done over 2000MW LNG, photovoltaic, wind and energy storage systems in 16 countries, including the world’s largest and first floating solar plant on seawater (181MW, 2020), the world’s most extensive solar-battery system (2MW, 2008), the biggest solar roof project in Singapore (5MW, 2014), the first large-scale solar farm in China (20MW, 2009).
General Manager in TaiwanAdam is a finance expert with 18 years of experience in multi-industrial sectors, including electronics, automotive, chemical, logistics, and renewable energy. He has executed several billion investment plans and IPO and closed the most significant solar project finance in Taiwan in 2020 (10.7billion NTD). He has also led the solar project development for a multi-national IPP company since 2020.
Leon Li is a distinguished investment expert with 10 years of experience and over a $1 billion track record in a few markets in Asia. He was a critical leading member of a famous renewable platform from 2017 to 2022; and was previously working in KPMG’s Deal Advisory and Financial Service in EY. Leon is also a Fellow member of ACCA and a non-practicing member of CICPA.