Actis raises $4.7 billion for new fund, will deploy $850 million in India
Actis, the global infrastructure investor, has completed fundraising for Actis Energy 5 (AE5). With over $4.7 billion of fund commitments and significant co-investment, the energy team expects to deploy around $6 billion of investable capital in this vintage, said a company statement.
Of the total amount raised, the fund aims to deploy $850 million in India over the next 4-5 years. Actis has a significant track record of investing in Indian renewables where it has invested $800 million over the last 7 years to establish Ostro Energy and Sprng Energy with 3 GW of solar and wind capacity.
