- Ardian has acquired Akuo, a renewable energy producer focused on wind, solar, and energy storage, to accelerate its growth and expansion.
- The acquisition will help Akuo scale from 1.9 GW in 2024 to 5 GW by 2030, strengthening its role in the energy transition.
Ardian, a global private equity firm, has acquired Akuo, an independent power producer focused on renewable energy. This deal strengthens Ardian’s investment in clean energy and infrastructure.
Akuo was founded in 2007 and has become a key player in renewable energy. Since 2022, ICG has supported the company. Akuo focuses on wind power, solar energy, and energy storage. It operates in Europe and the Americas, working with local communities to promote clean energy. The company helps regions become less dependent on fossil fuels and more sustainable.
By the end of 2024, Akuo expects to reach 1.9 gigawatts (GW) of production and storage capacity. The company aims to expand to 5 GW by 2030 and has many projects in development to achieve this goal.
With this acquisition, Ardian will use its expertise to support Akuo’s growth. Ardian will provide financial support to expand Akuo’s projects and improve operations. The company plans to help Akuo develop new renewable energy solutions.
Benoit Gaillochet, co-head of infrastructure Europe at Ardian, spoke about the deal. “We are proud to support Akuo in its next phase of growth. This acquisition shows our commitment to investing in energy companies with great potential. We want to help these companies expand and contribute to a cleaner future.”
Akuo’s co-founder, Éric Scotto, welcomed the partnership with Ardian. “This deal is a great opportunity for Akuo. With Ardian as a long-term partner, we can improve our business, grow internationally, and develop new energy solutions. Ardian is the right partner to continue the work we started 16 years ago. I want to thank all our employees for their dedication. Their hard work has made Akuo what it is today.”
Ardian’s investment in Akuo aligns with its strategy to support renewable energy. By acquiring Akuo, Ardian is helping expand clean energy solutions. This deal will allow Akuo to increase its projects and impact the global energy industry more.
As the world shifts to cleaner energy, partnerships like this are essential. With Ardian’s support, Akuo can continue to grow and develop new sustainable energy solutions.