India is currently viewed as one of the most promising destinations for capital deployment, according to Torbjorn Caesar, Chairman of Actis. The London-based sustainable infrastructure investor plans to invest over $2 billion in India's infrastructure sector over the next three to four years, building upon its existing investments in the country.
Actis, which was formerly known as CDC, was acquired by General Atlantic in October 2024. Caesar, who has been leading Actis’s strategic development and growth since 2015, emphasized India's stable and transparent market, particularly within the infrastructure domain, as a key factor driving this investment decision. He also highlighted the favorable exit opportunities available in India due to its deep and vibrant market.
Actis has already invested over $2 billion in India's infrastructure sector, primarily focusing on energy, renewables, roads, and transportation. The firm now intends to expand into emerging areas like digital infrastructure. Actis's investment strategy involves building platforms with scale, growth, and diversification, with a focus on assets valued on discounted cash flow, but aiming to exit at an EBITDA multiple. The firm considers potential buyers early in the investment process, favoring markets like India that offer better exit opportunities.
Caesar acknowledged the presence of geopolitical risks but affirmed that India remains a top global destination for capital. Actis has a history of successful infrastructure investments in India, including the development and sale of renewable energy platforms like Sprng Energy and Ostro. In 2018, Actis sold Ostro to ReNew Power, and in 2022, it sold Sprng Energy to Shell.
Actis is currently repositioning itself as an energy and infrastructure-focused investor, moving away from its traditional private equity portfolio. The company has been actively involved in India's renewable energy sector, with investments in platforms like BluPine Energy, Athena Renewables and ATIS Renewables. In March 2025, Actis acquired a 100% stake in Stride Climate Investments, a solar generation asset portfolio in India, from Macquarie Asset Management. This acquisition includes 371 MW of operating solar power assets across 21 projects in seven states, with a majority in Gujarat.
Abhishek Bansal, Partner, energy infrastructure at Actis, has stated that the Indian economy's rapid growth and accelerating energy transition provide ample opportunities for value creation. The Indian government aims to secure 50% of the country's electricity from renewables by 2030, requiring an estimated investment of ₹42 trillion. Actis also formed a joint venture with EDF India in 2024 to invest in India's smart metering infrastructure sector. Furthermore, in late 2023, Actis acquired a majority stake in EDF Renewables India’s operational portfolio, comprising nearly 300 MW of wind and solar assets and created ATIS Renewables as a new clean energy platform to manage and grow these assets.
Actis closed its second Long Life Infrastructure Fund with $1.7 billion in commitments. The fund has already deployed nearly half its capital, with a significant portion directed toward Indian assets and a near-term investment pipeline exceeding $2 billion. The fund targets stable, long-term income through operational enhancements in sectors like renewable energy, electricity transmission, and digital infrastructure.
