The family office of Peter Lee Ka-kit, co-chairman of Henderson Land Development, is accelerating its investment strategy in Central Asia, with plans to deploy more than US$1 billion into green energy projects.
The move marks a significant expansion of the firm's footprint beyond its traditional real estate holdings in Hong Kong and mainland China, targeting the region's abundant agricultural and natural resources.
According to the South China Morning Post, the family office is prioritizing sustainable aviation fuel (SAF) production and other renewable energy initiatives.
This strategic shift aligns with broader global trends where major asset owners are diversifying into clean energy to meet decarbonization targets and capitalize on emerging supply chains.
The focus on SAF is particularly notable given the aviation industry's urgent need for low-carbon alternatives to traditional jet fuel.
The decision to fast-track these investments suggests confidence in the regulatory and resource landscape of Central Asian markets.