Developer's plan to ensure projects can tap into 30% ITC rate before it tapers follows similar move by installer SunPower, which bought 200MW of panels this week.
The fund can deploy a total of US$2 billion in funding, according to the company. It will be spearheaded by Actis' head of infrastructure Glen Matsumoto.
SunPower has installed 2.6MW of PV projects at eight Whole Foods Market locations across both California and Nevada, with one site combining with an integrated storage system.
Mexican asset manager Prana Power has acquired a 108MW Mexican solar project from Madrid-based Dhamma Energy and US-headquarted firm Sunpower, who partnered on developing the project since 2015.