PHOTO: PRIME BANK INVESTMENT PLC

STAR BUSINESS DESK

Prime Bank Investment PLC (PBIL) recently signed a memorandum of understanding (MoU) with the consortium of Bluenergy Solutions Ltd and Gtech Infrastructure Ltd, two pioneers in solar engineering and industrial clean energy development in Bangladesh.

Under the agreement, PBIL will provide a suite of investment banking services across equity and debt capital markets, corporate advisory and portfolio management — supported by robust governance, disciplined risk management and sector-driven expertise.

The consortium brings extensive technical proficiency in renewable energy engineering and project development, offering consultancy, feasibility studies, design, EPC solutions and specialised execution capabilities across solar PV projects.

Syed M Omar Tayub, managing director and CEO of Prime Bank Investment PLC, and DM Abu Bakar Siddique, authorised signatory of the consortium and managing director and CEO of Gtech Infrastructure Ltd, signed the MoU in Dhaka, according to a press release.

Discussing the financial importance of the partnership, Tayub said Bangladesh’s transition to clean energy requires close alignment between technical innovation and financial readiness.

“Our collaboration with the consortium positions us to play a catalytic role in bridging this infrastructure gap and advancing the country’s green-growth ambitions,” he added.

Siddique remarked, “Partnering with PBIL enables us to match high-quality project engineering with sophisticated financial structuring.

Together, we aim to accelerate the rollout of utility-scale solar and other clean energy solutions that contribute to long-term energy security and environmental sustainability.”

The partnership emphasises ESG-aligned investment, climate-focused financial solutions and the development of bankable project pipelines that support Bangladesh’s clean energy ambitions.