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Singapore green investment firm's venture capital fund raises $75m

Trirec focuses on renewable energy and clean technology projects

Singapore-based climate-focused investment company Trirec is targeting green projects in Southeast Asia and beyond. (Screenshot from Trirec's website) 

JAKARTA -- Climate-focused investment company Trirec recently made the first close of its maiden venture capital fund at around $75 million, according to founder and managing partner Melvin Yeo.

The Singapore-based company is targeting to close the fund at $100 million by the first half of next year, Yeo told DealStreetAsia in an interview.

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