(EnergyAsia, January 2 2013, Wednesday) — The Singapore government has teamed up with private companies to jointly launch financing firm Clifford Capital to invest in infrastructure projects around the world. Owned by sovereign wealth fund Temasek Holdings (40.5%), DBS Bank (9.9%), Standard Chartered Bank (9.9%), Sumitomo Mitsui Banking Corp (9.9%), Prudential Assurance Company Singapore (19.9%)…
SINGAPORE: State-backed Clifford Capital to raise US$1 billion for infrastructure financing
Posted on January 2, 2013 by EnergyAsia