I Squared Capital to Invest $5 Billion in Asia Pacific by 2027

24 May 2024 CW Team

Global infrastructure investor I Squared Capital plans to invest $5 billion in the Asia Pacific region from 2025 to 2027, targeting fast-growing sectors such as renewable energy, digital infrastructure, transport, and logistics. Harsh Agrawal, senior partner at I Squared, shared the company's strategy to leverage their $15 billion global flagship fund and $2 billion growth markets fund raised in 2022.

This significant investment highlights the growing investor interest in the region's infrastructure assets amid rapid urbanization, increasing energy demand, and a more affluent and digitized population. According to consultants Wood Mackenzie, investments in renewable wind and solar energy in the region are expected to double to $1.3 trillion this decade compared to the previous one.

I Squared's investment strategy includes deal sizes ranging from $150 million to an average of $500 million. The firm, headquartered in Miami, already has a strong presence in the region, with offices in Singapore, New Delhi, Sydney, and Taipei, and plans to open a new office in Seoul this year.

Since its founding in 2012, I Squared has invested nearly $3.5 billion in Asia Pacific. Notable recent investments include a $370 million strategic partnership with Japanese investors in India's natural gas infrastructure and the acquisition of Rentco, an Australian transport equipment leasing company.

Infrastructure Urban

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