The Global Centre for Maritime Decarbonisation (GCMD), AIM Horizon Investments and their partners announced the successful closing of the Fund for Energy Efficiency Technologies (FEET), securing total commitments of up to USD 35M, exceeding its initial target.
As the world’s first fund for vessel retrofits leveraging a pay-as-you-save repayment mechanism, FEET directly addresses the long-standing financial barriers hindering the sector’s uptake of vessel retrofits. This fund has drawn strong interest from across the maritime value chain, including equipment manufacturers, shipowners, and investors.
GCMD provides catalytic equity and is FEET’s appointed decarbonisation advisor. FEET is managed by AIM Horizon Investments. Formerly known as FPG AIM Capital, AIM Horizon Investments is a Singapore-based fund manager specialising in maritime and aviation funds for institutional and accredited investors. Shareholders of AIM Horizon Investments hold the fund’s commercial equity position, while the Development Bank of Japan Inc. (DBJ) holds the preferred equity position. DBS Bank and ING (which acted
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