Actis raises over $4.7 bn, plans $850 mn investment in India

18 Oct 2021 CW Team

With more than $4.7 billion of fund commitments and co-investment, Actis aims to use about $6 billion of investable capital in this vintage, as per the company statement.

Actis, the global infrastructure investor, has achieved fundraising for Actis Energy 5 (AE5).

The fund intends to deploy $850 million Of the total amount raised in India in the coming four to five years. Actis has a significant track record of funding in Indian renewables, where it has financed $800 million in the past seven years to set up Ostro Energy and Sprng Energy with 3 GW of solar and wind capacity.

The LP (limited partner or investor) base of the new fund involves pension funds, insurance firms, sovereign wealth funds, endowments and other investors from across the world, it added.

Sanjiv Agarwal, Partner Actis & Head of Energy for Asia, told the media that they are happy to have completed this fundraising. They are dedicated to the Indian renewable sector and will remain to be a notable investor in Indian green energy.

The UK based Actis had marketed its clean energy platform in India - Ostro Energy to ReNew Power Ventures in 2018 at an enterprise cost of $1.5 billion. Currently, Actis plans to market its India clean energy platform Sprng Energy and has mandated Bank of America to find a purchaser.

After it successfully sold its clean energy platform Ostro Energy three years back, Actis has obligated Bank of America to officially begin a formal process to divest Sprng Energy for an enterprise valuation of $2.5-$2.75 billion.

Actis Fund 4 installed Sprng Energy with an equity commitment of $450 million in March 2017 for renewable sector investments in India. The platform presently has an operational portfolio of 1.7 GW (750 MW of solar and 797 MW of wind energy projects). Additionally, 194 MW of solar power projects are under construction.

India has drawn investments of about Rs 1.32 lakh crore in the renewable energy sector in the last three years since 2017. Presently India’s established renewable energy capacity is approximately 95 GW comprising 40.5 GW of solar power.

Image Source

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

With more than $4.7 billion of fund commitments and co-investment, Actis aims to use about $6 billion of investable capital in this vintage, as per the company statement. Actis, the global infrastructure investor, has achieved fundraising for Actis Energy 5 (AE5). The fund intends to deploy $850 million Of the total amount raised in India in the coming four to five years. Actis has a significant track record of funding in Indian renewables, where it has financed $800 million in the past seven years to set up Ostro Energy and Sprng Energy with 3 GW of solar and wind capacity. The LP (limited partner or investor) base of the new fund involves pension funds, insurance firms, sovereign wealth funds, endowments and other investors from across the world, it added. Sanjiv Agarwal, Partner Actis & Head of Energy for Asia, told the media that they are happy to have completed this fundraising. They are dedicated to the Indian renewable sector and will remain to be a notable investor in Indian green energy. The UK based Actis had marketed its clean energy platform in India - Ostro Energy to ReNew Power Ventures in 2018 at an enterprise cost of $1.5 billion. Currently, Actis plans to market its India clean energy platform Sprng Energy and has mandated Bank of America to find a purchaser. After it successfully sold its clean energy platform Ostro Energy three years back, Actis has obligated Bank of America to officially begin a formal process to divest Sprng Energy for an enterprise valuation of $2.5-$2.75 billion. Actis Fund 4 installed Sprng Energy with an equity commitment of $450 million in March 2017 for renewable sector investments in India. The platform presently has an operational portfolio of 1.7 GW (750 MW of solar and 797 MW of wind energy projects). Additionally, 194 MW of solar power projects are under construction. India has drawn investments of about Rs 1.32 lakh crore in the renewable energy sector in the last three years since 2017. Presently India’s established renewable energy capacity is approximately 95 GW comprising 40.5 GW of solar power. Image Source

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..