- Business
- Metis Energy Limited (SGX: L02), an investment holding company, operates as a renewable energy infrastructure developer and owner focused on large-scale greenfield projects across the Asia Pacific region. Headquartered in Singapore and founded in 1990, the company engages in the development, financing, construction, acquisition, operation, and maintenance of renewable generation facilities, including solar (metis SOLAR), wind (metis WIND), and energy storage systems (metis ESS); the production and sale of renewable energy; and related management services, equipment leasing, and property investments. It maintains strong local presences in countries such as Vietnam, Indonesia, Australia, the Philippines, and Bangladesh, primarily targeting commercial and industrial (C&I) customers through subsidiaries like Athena Energy Holdings Pte Ltd.
In April 2022, the company underwent a significant rebranding from Manhattan Resources Limited to Metis Energy Limited, marking a strategic pivot from its prior focus on coal shipping, logistics, marine transportation, power plants, property development, and mineral resources toward renewables. Its wholly-owned subsidiary Athena Energy Holdings Pte Ltd completed delivery of Vietnam's largest single-site C&I rooftop solar project and secured a USD 14 million syndicated senior secured loan from responsAbility managed climate funds in March 2022 to finance carbon-reducing projects. More recently, Metis Energy amended its loan agreement with Onward Capital to include an additional US$5 million facility aimed at supporting renewable energy project expansions.