ADGI is a specialist active fixed income manager serving institutional investors.
The robust financial regulatory framework and English common law governance of ADGM provides an attractive and strategic platform for ADGI to build a successful asset management business to satisfy the growing needs of the local and international investors.
As a home-growth entity, ADGI has achieved significant milestones since their inception.
ADGI is the first ADGM licensed manager to be authorized by the Central Bank of Ireland to manage Irish UCITS funds, and has launched four UCITS funds on January 3.
ADGI has permits, licenses, and entitlements to operate a 25MW, expandable to 75MW, solar power plant in General Santos.
Together with Astronergy Development Group who will maintain a 40 percent stake and whose key personnel have more than 20 years of experience in solar energy, TUG said its entry into ADGI will provide a new steady income stream and, necessarily, increase shareholder value.
also obtained the approval of the Energy Regulatory Commission for a 25-year power purchase agreement (PPA) with the local electric distribution utility, South Cotobato II Electric Cooperative Inc.