Infrastructure giant I Squared to invest $5 billion in Asia
ECONOMY & POLICY

Infrastructure giant I Squared to invest $5 billion in Asia

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)

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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)

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