I Squared, U.S. DFC Launch $3B Indo-Pacific Energy Platform

I Squared Capital and the U.S. International Development Finance Corporation are launching a $3 billion investment platform to develop critical energy infrastructure across South and Southeast Asia, marking the largest single project investment in DFC’s history.

The platform will be backed by $1.5 billion from I Squared-managed vehicles and an additional $1.5 billion from DFC, the U.S. government’s international development finance institution. The initiative is designed to strengthen energy connectivity between the United States and the Indo-Pacific region while supporting expanded access to U.S. liquefied natural gas and other energy exports.

The partnership builds on a longstanding relationship between the two organizations. Since 2016, DFC has committed approximately $500 million and I Squared-managed funds have invested $1.5 billion across infrastructure projects in South and Southeast Asia and Latin America.

“Energy security has become one of the defining infrastructure challenges of our time,” said Sadek Wahba, chairman and managing partner of I Squared Capital. “This platform represents a significant step toward mobilizing long-term capital to build resilient energy systems that can support economic growth and strengthen regional connectivity.”

DFC said the initiative reflects a broader effort to leverage private capital to address strategic infrastructure needs in the Indo-Pacific.

“Through our partnership with I Squared Capital, we aim to mobilize private sector expertise and capital to build the energy security infrastructure the Indo-Pacific needs to grow and prosper,” said Conor Coleman, DFC’s head of investments.

Miami-based I Squared has invested across Asia since 2014, deploying more than $9 billion in capital across 24 markets. The infrastructure investor manages approximately $60 billion in assets across more than 100 portfolio companies operating in over 70 countries.