Tobjorn Caesar - Senior Partner & Chairman, ACTIS

The discussion centers on the surging demand for electricity, particularly in non-US and non-European markets, driven by economic growth, AI, and digitalization. Cesar, chairman of Actis, emphasizes the need for energy addition alongside energy transition, highlighting the importance of renewables and battery storage. The conversation addresses the challenges of grid infrastructure and the opportunities for private capital investment. It is mentioned that capital availability is not the biggest barrier, but rather the need for bankable transactions and transparent regulatory frameworks. The speakers note the enthusiasm for new technology in developing regions and the potential for infrastructure to unlock prosperity. They also discuss the missed UN climate targets and the importance of focusing on sustainable infrastructure development. The role of affordable and reliable electricity in reducing the cost of living and improving lives is highlighted.