The AXIAN Group announces its subscription to Actis Energy 5, a new energy fund being managed by Actis, an investment company known for its investments in the energy sector of developing economies throughout Africa, Asia and South America.
AXIAN JOINS ACTIS ENERGY 5
AXIAN continues to pursue its investment strategy through its commitment to the Actis Energy 5 fund. This commitment is an opportunity for Let´ s Renew Energy—the AXIAN group’s energy cluster— to support companies that are committed to bolstering financial inclusion across the energy industry as well as throughout developing markets. In line with its belief that energy is a basic human right, AXIAN is collaborating with a team of professionals who specialise in greenfield projects and niche aspects of fund management. AXIAN subscription to Actis Energy 5 is a prominent part of its impactinvestment strategy and further validates its ESG commitments.
Actis is a first-rate private investment company that operates in emerging markets throughout Asia, Africa and South America in three sectors, namely energy and infrastructure; real-estate and private equity. Actis Energy 5, the fifth iteration of this energy fund, aims to raise 4 billion to pursue the same objectives as its predecessors: to invest in companies managing assets that are directly involved in producing and distributing electricity. «By joining the Actis Energie 5 fund, we are consolidating our positioning in favor of investments with a strong positive impact that will accelerate the energy transition while promoting energy inclusion. We are also diversifying our investments in energy projects in Africa but also in Asia and Latin America », declares Hassane Muhieddine, CEO of the finance division, AXIAN Group. .
Hassane Muhieddine, CEO du pôle finance, AXIAN Group
By investing in Actis Energy 5, AXIAN is thus prioritising projects that will bolster the world’s transition to renewable energy. The group has already, on many occasions, articulated its position in favour of universal access to clean, reliable and affordable electricity via its investments in Africa’s energy transition—AXIAN is already the top solar-energy producer in Madagascar.
