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Actis sets up 1.1GW Japanese platform

Emerging markets investor Actis has set up a $500m Japan-focused renewables platform to develop 1.1GW of onshore wind and solar by 2027.

Actis has backed Nozomi Energy from its $6bn Actis Energy 5 fund. The investor has also concluded the acquisition of a seed asset for Nozomi: Hergo Japan Energy Corporation from Italian independent power producer Infrastrutture.

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