Can you explain the growth opportunities for small-scale solar projects in South Korea?
Are there constraints in this market that the One Actis approach will help overcome?
One challenge lies in the disproportionate effort required for different size of projects. To scale efficiently, we have to be exceptionally lean in our processes and standardise operations. This is a strength of the Actis approach. Actis has experience of how to operate projects efficiently.
The One Actis approach, being able to draw on the real estate team’s expertise, enhances our presence in South Korea. In a market where relationships and networks are critical, Actis has a reputation and experience that carry significant weight. We’re optimistic about exploring further collaborations, especially in financing, project origination and partnerships with key players in South Korea.
How do you see Actis' involvement contributing to Argo Energy's future success?
Our focus in the next 12 months is to establish robust systems and teams that enable sustainable growth. We are keen to leverage Actis’ experience globally in running similar businesses and adopt best practice tailored for the local market.
Actis also has a well-established presence in the South Korean market and that promises to offer us a secure footing and help us build credibility, which would take much longer without that support. Being able to lean on various parts of the Actis family has provided us with a profile and opened doors for partnerships. While there is some scepticism about international companies, Actis’ ownership lends us credibility and aids our efforts in forming strong collaborations in South Korea.
- Actis Perspective
What was the appeal of Argo Energy to Actis?
How did the One Actis model help you assess the opportunity and shape how you view the business going forward?
Securing, building and operating the right projects efficiently and sustainably is always a challenge. With our experience in building and operating companies across different sectors, Actis is well-positioned to address these challenges. Our goal is to streamline processes, put the right systems in place and leverage our international knowledge to ensure Argo Energy’s successful growth.