The investment advisory firm SDCL Asia is launching the UK China Energy Efficiency Investments Fund, which will invest up to $200 million in energy efficiency projects and opportunities.

The investment advisory firm SDCL Asia is launching the UK China Energy Efficiency Investments Fund, which will invest up to $200 million in energy efficiency projects and opportunities.

The new fund will build on SDCL's experiences in the UK, Singapore and Ireland where the firm has launched several government-backed energy efficiency investment programmes. The fund will be managed by SDCL Asia, the joint venture between SDCL and the First Eastern Investment Group.

“Energy efficiency is one of the fastest growing investment markets in the world, driven by severe energy supply constraints, rising prices and the opportunity to make substantial cost savings from inefficient energy infrastructure. China is the world’s largest market for energy efficiency and is a major exporter of energy efficiency products and solutions,” the firm said in a statement.

Chief executive of SDCL and chairman of SDCL Asia, Jonathan Maxwell, said he hoped that the new initiative “will promote efficiency in the UK and Chinese energy economies”.

London-headquartered SDCL also has offices in New York and Hong Kong, where it works to help governments, financial institutions and companies finance and invest in environmental and social infrastructure assets and services.

SDCL Asia’s parent firm, First Eastern is based in Hong Kong and currently has over $7 billion in total investments.