Infrastructure giant I Squared to invest $5 billion in Asia

24 May 2024 CW Team

I Squared Capital, managing over $38 billion in global assets, is set to allocate funds from its $15 billion global flagship fund and $2 billion growth markets fund raised in 2022, according to Harsh Agrawal, Senior Partner. The firm aims to invest $5 billion in the Asia Pacific region from 2025 to 2027, targeting burgeoning sectors such as renewable energy. This move reflects I Squared's recognition of the region's growth potential, driven by factors like rapid urbanization, increasing energy demand, and a rising affluent and digitized population.

?The market's favourable characteristics and high growth potential, particularly in emerging Asia, we foresee significant opportunities in the next few years," Agrawal stated at I Squared's Singapore office. Investments in renewable wind and solar generation assets in the region are expected to soar to $1.3 trillion in the 2020s, doubling from the previous decade, according to Wood Mackenzie.

In addition to renewable energy, I Squared plans to concentrate on digital infrastructure, transportation, logistics, and environmental infrastructure. Deal sizes will range from $150 million to an average of $500 million, Agrawal mentioned.

As one of the most active infrastructure investors in the Asia Pacific, I Squared intends to boost its presence by opening a new office in Seoul this year, complementing its existing locations in Singapore, New Delhi, Sydney, and Taipei. Since its inception in 2012, the Miami-headquartered firm has invested nearly $3.5 billion in the region.

In a recent collaboration, Japanese investors including Osaka Gas and Sumitomo Corporation joined forces with I Squared on a $370 million strategic investment in natural gas infrastructure in India. Furthermore, last year saw the acquisition of Rentco, a transport equipment leasing company in Australia, underlining I Squared's commitment to expanding its footprint in the Asia Pacific infrastructure market. (ET Infra)

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..