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http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/wind/capasia-to-provide-20-5m-for-pakistan-wind-farms.html

CapAsia, a joint venture private equity fund manager between CIMB Group and Standard Bank Group, is to provide $20.5m of equity capital to finance two wind farms in Pakistan.

The firm, which specialises in mid-cap infrastructure investments in non-BRIC emerging Asia, made the investment through its Islamic Infrastructure Fund (IIF), a $262m vehicle sponsored by the Asian Development Bank and the Islamic Development Bank.
Construction of the two 50MW projects, both in Sindh province in the southeast of the country, is expected to begin in November 2011 and to be completed by March 2013 at a total cost of about $260m.
‘This is an important investment for IIF,’ said Johan Bastin, CapAsia’s CEO.
‘Pakistan is in one of the fund’s core target geographies and renewable energy is a priority investment sector for CapAsia.’
CapAsia was set up in 2006 and has $500m in assets under management in three funds. It focuses on south-east and central Asia with offices in Singapore, Kuala Lumpur, Jakarta and Bangkok.