over the next ten years. The APGF aims develop a bankable project pipeline, create a centralised platform for investment opportunities, and offer tailored Mainly due to the expanding volume of investment in IPP concessions, i.e. generation-to-grid projects, commercial finance has increased considerably. Over the last decade, 60% of all interconnection investment has been financed from commercial sources, 26% from public domestic finance, and 14% from international public financing. Segmenting the sources of finance reveals an USD 1.1 billion of commercial finance invested for ASEAN interconnectors over from commercial sources, these sources financed 43% of the grid-to-grid projects, 8 The USD 2.5 billion is intended for the first round of projects, with the intention of committing additional resources subject