Actis

The energy deployment gap is global. Governments and industry are cutting their dependence on imported fuel, and that is driving investment across developed and emerging economies. The form of that investment varies by market, but the scale of the opportunity appears to hold in both.   In Chapter 4 of our white paper, Energy Security and the New Geography of Power, we set out two layers. We see the larger opportunity in growth markets, where demand is growing fastest and renewable resources are abundant. The IEA expects developing economies to account for around 85% of global electricity demand growth through 2027.   Developed markets meanwhile need modernisation and resilience: the grid software, transmission and storage that keep generation dispatchable and affordable.   Growth markets are where we build and operate.   Learn more by reading chapter 4 of our white paper, Energy Security and the New Geography of Power: https://lnkd.in/eBeYUM-c   #InfrastructureInvesting #SustainableInfrastructure #Infrastructure

Actis' Rahul Agrawal recently spoke at The Asset's 11th Sustainable Infrastructure Finance Summit about the evolving energy investment landscape in Southeast Asia.   In this discussion, Rahul explored the data center opportunity through a renewable energy investment lens. In his view, the growth in the data center space adds the strength of the renewables opportunity in Southeast Asia, with clean energy in the region moving from being policy driven in the past to increasingly being demand driven. Hyperscalers requiring 24/7 clean power can become a very powerful commercial driver for investment in not only renewables, but also battery storage and grid infrastructure.   Rahul thinks the region is well placed to capitalise on this opportunity because it can leapfrog the intermittent stage of renewables straight to firm, green power thanks to the fall in the price of battery technology in recent years. Actis' portfolio company in the Philippines, MTerra Solar, exemplifies what large-scale firm renewable power can look like.   Access the video where Rahul discusses all this here: https://lnkd.in/eutaphtM   #SustainableInfrastructure #InfrastructureInvesting #Infrastructure

For every dollar now directed to fossil fuel supply, two dollars flow to renewables. Lucy Heintz, our Head of Energy Infrastructure, calls this the reallocation of global energy capital in IPE Real Assets. Governments have learned the lessons of the last four years. The fossil fuel supply system they relied on was designed for a geopolitical era that has since changed, and securing energy is now a question of economic strategy. We see the largest opportunities in growth markets. They pair fast-growing demand with strong renewable resources, while dependence on imported fuel weighs on public finances. To take an example, India alone added 45GW of solar in 2025 as it ramps up renewable capacity. Political risk once framed how allocators viewed these markets. The harder questions now, in our view, are practical: can a project clear permitting, connect to the grid and get built on time? We believe that favours investors with the capability to build assets, not only to finance them. Read more from Lucy's piece here: https://lnkd.in/epi9tMuT #InfrastructureInvesting #SustainableInfrastructure #Infrastructure

For commercial and industrial customers across Africa and the Middle East, distributed solar is now one of the cheapest ways to cut energy costs, by up to 10 to 50%. That is the opportunity we backed in Yellow Door Energy. Since investing in the business, we have grown the platform across six markets, serving multinationals including Unilever and Nestlé. Learn about how we're building and scaling Yellow Door Energy here: https://lnkd.in/e2AJmrpg #Infrastructure #InfrastructureInvesting #SustainableInfrastructure

The clean energy shift is now driven by security and economics in our view, not sentiment.   Chapter three of our white paper, Energy Security and the New Geography of Power, maps how global energy capital is being redrawn.   Two figures from this chapter capture it well: - Of US$3.3 trillion invested in energy in 2025, two-thirds went to clean power. In 2018 the split was even. - India grew its solar base more than fortyfold in a decade, from under 3GW in 2014 to around 130GW in late 2025. The economics are established. The deployment gap, we think, is the opportunity that remains.   Read more: https://lnkd.in/eBeYUM-c   #Infrastructure #EnergyTransition #EnergyInfrastructure

"Mexico has a very strong story to tell." That is how Bernardo Graf describes one of Latin America's most active energy markets in a new interview with Mark Beresford of BNamericas.   In this piece, Bernardo discusses Actis' strategy across the region, and why Mexico looks like an increasingly appealing market for energy investments, notably thanks to: - Opportunities being demand-led, not policy-led. Nearshoring, industrial growth and years of underinvestment are driving the need for new capacity. - Plan Mexico and the CFE mixed scheme are opening clear paths for private capital, including 25-year, dollar-linked PPAs.   Actis has stayed invested in Mexico for many years, and that presence and experience, we believe, is what lets us price risk and secure strong opportunities.   Read the full interview (link in comments).   #Infrastructure #InfrastructureInvesting #EnergyInvesting

Electricity is becoming the backbone of the global economy, and the investment case follows the demand.   The IEA projects global electricity demand will grow 3.6% a year through 2030, around 50% faster than the previous decade and roughly 2.5 times the pace of overall energy demand.   Two forces are converging. In developed markets, demand is rising after nearly 15 years of stagnation, led by data centers, industrial re-electrification and EVs.   In emerging markets, the growth is larger and different in kind. India's demand is projected to rise 6.4% a year, with air conditioning alone accounting for more than a fifth of that growth. Across Sub-Saharan Africa, where roughly 600 million people still lack reliable power, much of this demand is being met for the first time.   We believe this is what defines the opportunity. It is demand-led, not policy-dependent, and capacity has to be built to meet this rising demand. Find out more in the second chapter of Actis' Energy Security and the New Geography of Power white paper (link in comments).   #SustainableInfrastructure #Infrastructure #Energy

We're pleased to welcome IFC - International Finance Corporation and Proparco as minority investors in Uluğ Enerji, recognising the progress made since our investment and supporting the next phase of the company's long-term growth. Their investment represents the first equity investment by development finance institutions in a Turkish electricity distribution company, helping mobilise long-term capital for critical infrastructure. Adrian Mucalov, Head of Long Life Infrastructure at Actis:  "The commitment of leading development finance institutions is a strong endorsement of the quality of the platform, the strength of our operational partnership with the Uluğ Enerji team and the opportunity we see in Türkiye's electricity infrastructure.” Read the full announcement here: https://lnkd.in/exw2NVx7

Latin America has a power gap. Demand is rising with urbanisation, industry and digitalisation, while new capacity lags behind.   Writing in Infrastructure Investor, Nicolas Escallon calls it one of the most underplayed infrastructure opportunities of the coming decade. The region is already among the world's cleanest power markets, with renewables close to 70% of generation. In our view, the answer to meet this growing demand is hybrid: renewables paired with storage and, where needed, gas.   Capital is following this opportunity, and our exit of Orygen in Peru evidences the liquidity for investors entering the region.   Read more here: https://lnkd.in/eUb2TjJd   #Infrastructure #InfrastructureInvesting #EnergyInvesting

Energy security has returned to the centre of strategic planning in a way perhaps not seen since the 1970s. Successive geopolitical disruptions have exposed systemic vulnerabilities in fossil fuel supply chains, while global electricity demand is growing at the fastest sustained pace in decades, driven by artificial intelligence, industrial electrification, and population growth across both developed and emerging markets. These pressures are converging. Rising demand and constrained supply are forcing a fundamental reconfiguration of how energy is produced, delivered, and secured. In this context, we think governments, corporations and investors increasingly understand the importance of domestic generation, grid investment and supply chain resilience. To learn more about this, read the chapter "a system under stress" from our Energy Security and the New Geography of Power white paper via the link in the comments. #EnergySecurity #EnergyInfrastructure #InfrastructureInvesting