Sumitomo Corporation (SSUMF)

Infrastructure firm I Squared to invest $5 bln in Asia over next three years, executive says

Global infrastructure investor I Squared Capital is looking to invest $5 billion in the Asia Pacific from 2025 to 2027 as it seeks to tap into fast-growing sectors, including renewable energy, in the region, its senior partner said. I Squared, which manages over $38 billion of assets globally, will deploy the money from its $15 billon global flagship fund and $2 billion growth markets fund raised in 2022, its senior partner Harsh Agrawal told Reuters. The firm's expansion in Asia Pacific underscores growing investor interest in infrastructure assets across the region as it rapidly urbanises, its energy demand grows and its population becomes increasingly affluent and digitised.