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Announced

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Actis completed the investment in Argo Energy.

Synopsis

Actis, a global investor, completed the investment in Argo Energy, a South Korean renewable energy platform. Financial terms were not disclosed. “Actis operates at the intersection of one of the largest global investment opportunities, sustainable infrastructure, and it’s terrific we’re expanding into the energy sector in Korea, building on the synergies from our real estate investments in the country to back a dynamic renewables platform in Argo Energy ready to take on the market. The investment represents yet another example of Actis ramping up its renewables investments across Asia,” Tareq Sirhan, Actis Head of Energy for North Asia, Energy Infrastructure.

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