Actis Appoints Rahul Agrawal to Partner
- Rahul brings nearly 20 years of experience to his role, leading the origination and execution of energy infrastructure investments for Actis initially in India and later in Southeast Asia (“SEA”).
LUXEMBOURG, 11 March 2025: Actis, a leading global investor in sustainable infrastructure, has announced that Rahul Agrawal has been promoted to the Actis partnership. He was previously Energy Director for SEA at Actis.
Rahul, based in Singapore, has been driving growth and innovation across the energy sector in SEA for the past five years, playing an instrumental role in three major energy investments for Actis. These include: Levanta Renewables, a platform targeting 1.5GW of capacity by 2027 in SEA, the platform made a recent acquisition of an operating 140MW solar project in Thailand and a Joint Venture for wind projects in the Philippines; Bridgin Power, a gas power platform focused on select geographies in Asia; and most recently MTerra Solar, a market-leading, first-of-its-kind 3.5GWp solar / 4.5GWh battery project in the Philippines, poised to be one of the world’s largest integrated renewables and energy storage projects[1], aiming to deliver a stable renewable power supply to the main grid of Luzon in the Philippines.
During his nearly 20-year career, Rahul has worked extensively in infrastructure and energy investing. Rahul joined Actis in 2012, initially focusing on India, where he was involved in Ostro Energy, one of India’s leading clean energy Independent Power Producers, sold to RE Energy; and Sprng Energy, a supplier of solar and wind power to electricity distribution companies in India, sold to Shell in 2022. Prior to Actis, Rahul worked as an Associate Vice President in the infrastructure private equity team at ICICI Venture and with a mezzanine fund of IL&FS.
In 2024, Actis experienced significant deal activity in Southeast Asia, investing in new markets and sectors in the Philippines, Vietnam, Thailand, and Malaysia. Following a successful year, Rahul will be responsible for Actis’ continued strategic expansion and commitment to renewable energy across various Asian markets.
Torbjorn Caesar, Senior Partner at Actis, said: “Rahul has built a formidable network and track record across the region, which has helped Actis cement its role as a leader in energy infrastructure in Southeast Asia. We are excited to see Rahul continue to drive growth and innovation in his new role as Energy Partner for Southeast Asia.”
Rahul Agrawal, Energy Partner for Southeast Asia at Actis, added: “Southeast Asia represents some of the most dynamic economies globally and the region’s energy transition is picking up speed. I am delighted to lead the team and using our firm’s deep experience in energy transition investing across the Global South to further develop our investment footprint across Asia thereby helping the region make the transition to a Net Zero future.”
[1] When fully commissioned, as measured by battery energy storage capacity.
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Disclaimer
The statements contained herein are as of 11 March, 2025 and represent the views of Actis which is not research and should not be treated as research. Historic market trends are not reliable indicators of actual future market behaviour or future performance of any particular investment which may differ materially and should not be relied upon as such. Moreover, there is no assurance historical trends will continue. Any case studies and other selected investments herein are presented for informational purposes only and are intended to be illustrative of the types of investments that have been made by the Actis funds and/or that may be made by the Actis funds in the future. However, there can be no assurances that any investments of the type included herein will be available to, or approved by the investment committee of, any Actis fund. Case studies and other selected investments may not be representative of all investments or of a given type or of investments generally. Nothing herein should be considered a recommendation of any particular security, portfolio company, or transaction. There can be no assurance that any Actis fund will be able to implement its investment thesis, or that any investments would be profitable or avoid substantial losses. The investment thesis described herein may not be suitable for all investment goals. All investments carry a risk of loss.