Asia Pacific

July 2016 – Astris to act as exclusive financial advisor to a renewable energy independent producer in connection with various investment opportunities in South-East Asia

Astris has been retained by a leading French Renewable Energy Independent Producer to advise on the acquisition and/or financing of several greenfield and brownfield solar-generated power plants across South-East Asia, including Cambodia, Thailand and Vietnam.

April 2016 – Astris to appoint Michael C. Sagcal as Astris’ Country Representative in the Philippines

Astris Finance is very pleased to announce that Michael C. Sagcal has joined its team as Country Representative based in Manila, Philippines. 

Prior to joining Astris Finance, Michael was Spokesperson and Communications Director at the Philippines’ Department of Transportation from 2012 to 2015. While concurrently serving as Senior Project Development Officer in 2013, he worked on special issues in the structuring and tender of the agency’s first set of PPPs: the USD 1.3 Bn LRT-1 Extension, the USD 340 Mn Mactan-Cebu International Airport, and the USD 34 Mn LRT-MRT Automatic Fare Collection System.

He spent two years at a law firm from 2010 to 2012, where his infrastructure and energy practice included acting as transaction advisor to the PPP Center and advising the National Renewable Energy Board in formulating the country’s landmark Feed-In Tariff Rules.

Michael earned his Juris Doctor degree from the University of the Philippines in 2009 and his Diploma in Corporate Finance from the Ateneo de Manila University in 2014. He also attended the PPP Foundation Masterclass Program at Her Majesty’s Treasury – Infrastructure UK as a Mansion House Scholar in 2012.

November 2014 – Astris to act as Financial Advisor in connection with the structuring of a limited-recourse domestic debt financing of a multi-use real estate project in Vietnam

Astris has been retained by a leading Malaysian conglomerate in connection with structuring ofVND 13,000 bn (eq. USD 575m) greenfield project consisting in the development, construction and operation of a Shopping Center in Ho Chi Minh City, as part of the Phase 1 of a large-scale multi-purpose real estate project to be comprised of hotels, residential and office towers