Environment
Peter Lee’s family office signs Kazakhstan deal on green energy projects
Key Points
Peter Lee’s family office signs Kazakhstan deal on green energy projects Agreement covers sustainable aviation fuel, smart energy and storage projects, with Kazakh authorities to help identify sites, partners and regulatory approvals The family office of Henderson Land Development co-chairman and managing director Peter Lee Ka-kit has signed a deal with Kazakh authorities to advance a range of green energy projects in the Central Asian country. The cooperation was sealed on Tuesday and...
Peter Lee’s family office signs Kazakhstan deal on green energy projects
Agreement covers sustainable aviation fuel, smart energy and storage projects, with Kazakh authorities to help identify sites, partners and regulatory approvals
The family office of Henderson Land Development co-chairman and managing director Peter Lee Ka-kit has signed a deal with Kazakh authorities to advance a range of green energy projects in the Central Asian country.
The cooperation was sealed on Tuesday and announced on Wednesday during Lee’s visit to Kazakhstan and his meeting with Prime Minister Olzhas Bektenov, following Chief Executive John Lee Ka-chiu’s delegation to Central Asia in June.
Under the memorandum of understanding (MOU), signed with the Alatau City Authority and Kazakhstan’s ministries of energy, agriculture and transport, the government bodies will support Full Vision Capital’s pilot project by identifying suitable sites and local partners, conducting feasibility studies and helping to ease regulatory approvals.
The agreement covered sustainable aviation fuel production, smart energy solutions and advanced energy storage technologies, the family office said.
Bektenov said Kazakhstan was committed to advancing its green energy transition and regarded Full Vision Capital as a strategic partner in this field.
“We are honoured to partner with the government of Kazakhstan in supporting Alatau City’s green transformation,” Lee said.
Peter Lee’s (PERSON)
Kazakhstan (LOCATION)
Kazakh (ORG)
Henderson Land Development co- (ORG)
Peter Lee Ka-kit (PERSON)
Central Asian (ORG)
Lee (PERSON)
Olzhas Bektenov (PERSON)
John Lee Ka-chiu (PERSON)
Central Asia (LOCATION)
the Alatau City Authority (ORG)
Full Vision Capital’s (ORG)
Bektenov (ORG)
Full Vision Capital (ORG)
Alatau City’s (LOCATION)