There has been a rush of private investments in renewable energy resources as Asian economies scramble to meet net-zero targets, according to a senior executive at Germany-headquartered investment manager PATRIZIA.
“The majority of Asian economies are still export-oriented, so there is an urgency to decarbonise and become less reliant on fossil fuels. This means that the whole energy value chain from generation to transmission and storage is going to play a very big part of the investment thesis in Asia,” Saji Anantakrishnan, head of infrastructure for Asia and Australia at PATRIZIA, said in an exclusive interview with DealStreetAsia.