Actis invests in 3.5 GW/4.5 GWh of solar-plus-storage in Philippines

Private equity investor Actis has become a strategic partner in a 3. 5 GW/4. 5 GWh solar-plus-storage project in the Philippines. The project is poised to become the world's largest integrated renewables and energy storage installation upon completion. Actis is investing $600 million for a 40% equity stake. London-based investor Actis has agreed to invest in the Terra Solar Project in the Philippines. The planned installation has been touted as the world's largest solar-plus-storage array. The agreement was signed between Actis, Manila Electric Co. (Meralco) and its subsidiary, Solar Philippines ...

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