- Published: 14 September 2016 14 September 2016
Modern Energy Management (MEM) has been engaged to work on behalf of CapAsia’s Islamic Infrastructure Fund (IIF) at two wind farms in Pakistan. Under the terms of the contract, MEM, led by founding partner Lars Lund, is providing asset management, human resources and technical advisory services to the private equity fund.
The CapAsia-backed wind projects have been operational since April 2015 and December 2014, respectively. Located in the Sindh Valley area near Karachi, each project consists of 20 Nordex N-100 2.5MW turbines. The MEM team will help to ensure that both wind farms continue to deliver steady returns to project investors throughout their lifetime