IJGlobal: Actis powers up with Terra Solar, Philippines

Rahul Agrawal, Director, Energy Infrastructure and Head of Energy for Southeast Asia at Actis, spoke with Manju Dalal at IJGlobal for an article looking at Actis’ investment in Terra Solar Project in the Philippines. In the piece, Rahul discusses the rationale and investment thesis for Actis’ investment in the project as well as the firm’s wider plans in energy infrastructure across Asian markets, including the continued growth of renewable energy platforms Levanta Renewables and BluPine Energy. Click here to access the full article on IJGlobal.

Rahul Agrawal, Head of Energy for Southeast Asia at Actis, commented:

“The Terra Solar project embodies what we want to do—build large renewable projects that are critical to the power system.

“It’s a very large-scale project that provides 850MW of power continuously for 12 hours a day, mimicking a mid-merit project.

“We also like to take on construction risk, build these projects, stabilise them along with our partners, and after 5 to 6 years, once the project is built and stabilised, we look to exit them as a part of our investment thesis. This project fits all of those criteria.”