<article><a style="color: #000080;" href="http://dealstreetasia.com/tag/ifc" target="_blank">International Finance Corporation</a>, the private investment arm of <a style="color: #000080;" href="http://dealstreetasia.com/tag/world-bank" target="_blank">World Bank</a>, has proposed to invest around $100 million in growth markets investor, <a style="color: #000080;" href="http://dealstreetasia.com/tag/actis-energy" target="_blank">Actis Energy</a>&#8216;s fourth energy fund of $2 billion.</article>

<a style="color: #000080;" href="http://dealstreetasia.com/tag/ifc" target="_blank">International Finance Corporation</a>, the private investment arm of <a style="color: #000080;" href="http://dealstreetasia.com/tag/world-bank" target="_blank">World Bank</a>, has proposed to invest around $100 million in growth markets investor, <a style="color: #000080;" href="http://dealstreetasia.com/tag/actis-energy" target="_blank">Actis Energy</a>&#8216;s fourth energy fund of $2 billion.
Actis Energy 4 LP is a fund which plans to invest in power generation and distribution assets in emerging markets in Africa, Asia and Latin America. It will focus on investments in power generation and distribution assets in emerging markets in Africa, Asia and Latin America including Nigeria, Brazil among others.
&#8220;Actis is strongly positioned to navigate the complex regulatory environment in the Fund&#8217;s target markets. IFC will leverage the World Bank Group&#8217;s engagements in these markets to further facilitate Actis&#8217; engagement with relevant stakeholders for the Fund&#8217;s investments,&#8221;IFC said in a disclosure.
The fund, which will be managed by Actis GP LLP, succeeds Actis Energy&#8217;s third fund of $1.5 billion that closed in 2013. Actis Energy 1, a $606m portfolio of assets was established in 2002, while Actis Infrastructure 2, a $752 million fund closed in 2007.
&#8220;The Project is a proposed equity commitment of up to $65 million for IFC’s account and up to $35 million for AMC’s account in the Fund,&#8221; IFC said.
IFC is already an investor in two Actis–managed real estate funds, Actis Africa Real Estate 2 and Actis Africa Real Estate 3.
Since its inception, Actis has raised $9 billion across multiple funds and currently has $5.9 billion under management.
&#8220;IFC&#8217;s commitment would help to stimulate the much needed investment in energy infrastructure in emerging markets, including markets such as Africa, which have large infrastructure investment needs,&#8221; the investment firm said.
&#8220;In addition, IFC&#8217;s partnership with Actis will extend beyond its Fund commitment into providing other types of financing opportunities and sharing insights into various aspects of the Fund&#8217;s potential investments, with the overall objective of catalysing such investments in a timely and efficient manner,&#8221; it added.
Actis is invested in a number of energy firms across various countries including <a style="color: #000080;" href="http://dealstreetasia.com/tag/gvk" target="_blank">GVK</a>, Zuma Energia, Eneo, Aela Energia, among others. Earlier this year, IFC had agreed to lend up to $62 million to <a style="color: #000080;" href="http://dealstreetasia.com/tag/ostro-energy" target="_blank">Ostro Energy Pvt Ltd</a>, a renewable energy platform backed by Actis.
IFC has also made several investments in the energy sector including leading a $175.5 million investment round in Bangladesh-based <a style="color: #000080;" href="http://dealstreetasia.com/tag/summit-group" target="_blank">Summit Group</a>.
Also Read:
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/ifc-ema-power-invest-175-5m-in-summit-groups-power-projects-in-bangladesh-53052/" target="_blank">Bangladesh: IFC leads $175.5m investment in Summit Group’s power projects</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/30153-30153/" target="_blank">IFC to lend up to $62m to Actis-backed Ostro Energy for new projects in India</a>

International Finance Corporation, has proposed to invest around $100 million in growth markets investor, Actis Energy's fourth energy fund of $2 billion.

IFC plans to invest around $100m in Actis Energy's $2b energy fund

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IFC plans to invest around $100m in Actis Energy's $2b energy fund

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