BEIML has launched a $500 million battery energy storage fund through BSN Holding Ltd., targeting utility-scale and commercial BESS projects across emerging markets including Pakistan, Sri Lanka, Bangladesh, Malaysia, and the UAE.
The fund has a 7+1 year life with a target IRR of approximately 15%, focusing on 80% equity and 20% debt investments. Typical ticket sizes range from $20M to $80M, with co-investment opportunities for strategic partners and development finance institutions.
This initiative reinforces BEIML’s commitment to accelerating the energy transition in high-growth markets where grid stability and renewable integration are critical priorities.