Time to shift the balance of power in renewable energy
October 31, 2024
Imbalances in capital investment in clean energy, plentiful sun and a doubling in global demand for electricity over the next 20 years mean that the renewable energy sector in the Middle East is a “fantastic investment opportunity”.
AGBI spoke to Torbjorn Caesar, CEO of Actis, a global investment company with a focus on sustainable infrastructure, at the Future Investment Initiative forum.
“Eighty-five percent of the world’s population live outside the US and Western Europe,” he said. “Two thirds of all the investment needs and therefore all the investment opportunities, are in that part of the world. Still, you only have one third of the capital chasing it.”
Watch the video to find out why Caesar believes the Middle East is a powerful prospect
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