Connection

popular articles

Pampa Energía invests USD 1.2 billion in Mendoza to produce 50,000 barrels/day
KHNP and Samsung C&T Form Strategic Alliance for International Nuclear Projects
Syntholene secures 20 MW energy agreement powered by geothermal energy
Nuclear Fusion: First Plasma Generation in the SMART Tokamak
The United Kingdom Reaches a Historic Milestone in Wind Power Production and Electricity Exports

Ardian takes control of Akuo to accelerate its strategy in renewable energy

Investment firm Ardian has completed the acquisition of renewable energy producer Akuo, active in photovoltaics, wind and storage, with stated ambitions for international expansion and increased capacity.
  • [favorite_button]

Please share:

Alternative asset manager Ardian has announced the acquisition of Akuo, a French renewable energy producer, thereby strengthening its position in the energy infrastructure sector. Founded in 2007, Akuo had an installed capacity of 1.9 gigawatts (GW) by the end of 2024, distributed across photovoltaic, wind and energy storage assets. The financial details of the transaction were not disclosed.

International expansion and projected growth

According to the press release issued on 24 March, Akuo currently operates in around ten key markets across Europe, North America and South America. The company aims to increase its installed capacity to 5 GW by 2030, relying on operational optimisation and technological innovation. Ardian is expected to accelerate this trajectory through its financing capabilities and global asset network.

Strategic backing and investment track record

Since 2022, Akuo had been backed by Intermediate Capital Group (ICG), an asset management firm. Ardian, which currently manages USD177bn (approximately EUR163bn) across various segments including infrastructure and private debt, brings new scale to Akuo. This acquisition forms part of Ardian’s strategy to strengthen its portfolio of assets linked to the energy transition.

Ardian’s position in infrastructure

Ardian also holds a 32.6% stake in London Heathrow Airport, where it is the principal shareholder. The French investment firm has expanded its strategic asset holdings in recent years, particularly across the transport, energy and utility sectors.

Register free of charge for uninterrupted access.

Publicite

Latest news

Siemens and RIC Energy join forces to develop synthetic fuels in Spain
Verdagy and Mainspring to install hydrogen-powered generator in Moss Landing
Solveo Energies deploys dynamic agrivoltaic system on apricot orchard
European Energy launches e-methanol production and posts strong results
Grenergy to invest €3.5bn to strengthen its storage assets by 2027

Recently published in

ACWA Power to invest up to $10 billion in Malaysia for energy projects

Saudi-based ACWA Power has signed strategic agreements in Malaysia to develop up to 12.5 GW of energy capacity by 2040, with a potential investment of $10 billion.
Fusion Fuel plans £50mn strategic acquisition in UK fuel distribution
Fusion Fuel Green has signed a preliminary agreement to acquire a private UK-based fuel distribution company generating $58mn in revenue, through a £50mn debt-equity structured transaction.
en_1140290955540-15
Fusion Fuel plans £50mn strategic acquisition in UK fuel distribution
Fusion Fuel Green has signed a preliminary agreement to acquire a private UK-based fuel distribution company generating $58mn in revenue, through a £50mn debt-equity structured transaction.
en_1140290955540-15
ExxonMobil enters exclusive talks to sell its stake in Esso S.A.F.
ExxonMobil plans to sell its 82.89% stake in Esso S.A.F. to North Atlantic France, valuing shares based on €1.49bn cash holdings and a price subject to several adjustments.
en_1140290962540-10
ExxonMobil enters exclusive talks to sell its stake in Esso S.A.F.
ExxonMobil plans to sell its 82.89% stake in Esso S.A.F. to North Atlantic France, valuing shares based on €1.49bn cash holdings and a price subject to several adjustments.
en_1140290962540-10
TotalEnergies maintains its strategy despite economic pressures and activism
Patrick Pouyanné reassures shareholders by confirming TotalEnergies' strategic direction, combining hydrocarbons and low-carbon electricity, despite an unstable economic environment and climate activist protests in Paris.
en_1140290954540-11
TotalEnergies maintains its strategy despite economic pressures and activism
Patrick Pouyanné reassures shareholders by confirming TotalEnergies' strategic direction, combining hydrocarbons and low-carbon electricity, despite an unstable economic environment and climate activist protests in Paris.
en_1140290954540-11

SSE invests £2.9bn in infrastructure and reports stable profit for 2024/25

UK-based SSE recorded an adjusted operating profit of £2.42bn for fiscal year 2024/25, supported by record investments in networks and renewable energy.
Iberdrola acquires Electra del Maestrazgo’s electricity network to strengthen investments
Iberdrola has signed an agreement to acquire the distribution, supply and energy generation activities of Electra del Maestrazgo, a family-owned company operating in Castellón and Teruel, for an undisclosed amount.
en_1140290950540-10
Iberdrola acquires Electra del Maestrazgo’s electricity network to strengthen investments
Iberdrola has signed an agreement to acquire the distribution, supply and energy generation activities of Electra del Maestrazgo, a family-owned company operating in Castellón and Teruel, for an undisclosed amount.
en_1140290950540-10
John Bryson, former CEO of Edison International, dies at 81 after a landmark career
John Bryson, a key figure in the American energy sector, has died at the age of 81. The former CEO of Edison International played a decisive role during California’s electricity crisis.
en_1140291016540
John Bryson, former CEO of Edison International, dies at 81 after a landmark career
John Bryson, a key figure in the American energy sector, has died at the age of 81. The former CEO of Edison International played a decisive role during California’s electricity crisis.
en_1140291016540
New York approves $5 billion plan for electrification and energy efficiency
New York state regulators have approved a $5 billion budget for energy efficiency and electrification programmes, set to launch on January 1, 2026.
en_1140291010540
New York approves $5 billion plan for electrification and energy efficiency
New York state regulators have approved a $5 billion budget for energy efficiency and electrification programmes, set to launch on January 1, 2026.
en_1140291010540

Aircela launches a machine that produces gasoline from air and electricity

Aircela has introduced a unit capable of producing gasoline directly from air, water, and renewable electricity, without using fossil resources.
Sustainability Partners takes control of Ecofin’s renewable assets in the United States
Sustainability Partners will now manage the operational oversight of Ecofin’s U.S. portfolio, comprising solar and wind projects under contract with investment-grade electricity providers.
en_1140290943540-9
Sustainability Partners takes control of Ecofin’s renewable assets in the United States
Sustainability Partners will now manage the operational oversight of Ecofin’s U.S. portfolio, comprising solar and wind projects under contract with investment-grade electricity providers.
en_1140290943540-9
Strathcona sells Montney assets for $2.84bn and acquires rail terminal
Strathcona Resources reshapes its portfolio with the $2.84bn sale of Montney gas assets and a $45mn acquisition of the Hardisty Rail Terminal to refocus on heavy oil operations.
en_1140290951540-9
Strathcona sells Montney assets for $2.84bn and acquires rail terminal
Strathcona Resources reshapes its portfolio with the $2.84bn sale of Montney gas assets and a $45mn acquisition of the Hardisty Rail Terminal to refocus on heavy oil operations.
en_1140290951540-9
Eni sells 20% of Plenitude to Ares in $13bn valuation deal
Italian group Eni enters exclusive talks with Ares to sell a minority stake in Plenitude as part of a targeted funding strategy for its low-carbon subsidiaries.
en_1140290958540-9
Eni sells 20% of Plenitude to Ares in $13bn valuation deal
Italian group Eni enters exclusive talks with Ares to sell a minority stake in Plenitude as part of a targeted funding strategy for its low-carbon subsidiaries.
en_1140290958540-9

SBM Offshore reports 27% revenue growth in the first quarter of 2025

SBM Offshore posted quarterly revenue of $1,103mn, driven by the Turnkey segment, while maintaining full-year targets and advancing the deployment of its floating units scheduled for 2025.
Shell reports over $28bn in payments to governments in 2024
Shell paid $28.1bn to governments in 2024 for its extractive activities, with major flows reported in Nigeria, Malaysia and Oman, according to its regulatory disclosure in the United Kingdom.
en_1140290962540-4
Shell reports over $28bn in payments to governments in 2024
Shell paid $28.1bn to governments in 2024 for its extractive activities, with major flows reported in Nigeria, Malaysia and Oman, according to its regulatory disclosure in the United Kingdom.
en_1140290962540-4
CGN Brasil to invest $578mn in multi-energy hub in Piauí
CGN Brasil and the government of Piauí have signed an agreement to develop a 1.4 GW energy complex combining solar, wind and storage, with a planned investment of $578mn.
en_1140290961540-5
CGN Brasil to invest $578mn in multi-energy hub in Piauí
CGN Brasil and the government of Piauí have signed an agreement to develop a 1.4 GW energy complex combining solar, wind and storage, with a planned investment of $578mn.
en_1140290961540-5
Iliad signs four new contracts to strengthen its energy supply in Europe
The iliad Group signs four new renewable electricity purchase agreements in France, Italy and Poland, bringing its total number of European energy projects to eight.
en_1140290960540-6
Iliad signs four new contracts to strengthen its energy supply in Europe
The iliad Group signs four new renewable electricity purchase agreements in France, Italy and Poland, bringing its total number of European energy projects to eight.
en_1140290960540-6

Romano Minozzi acquires a strategic 3% stake in Eni’s capital

Italian industrialist Romano Minozzi now holds over 3% of Eni, valued at €1.2bn ($1.33bn), according to the latest data published by financial regulator Consob.
Enbridge posts record $1.71bn profit and reaffirms investment strategy
Enbridge reported a sharp rise in first-quarter 2025 results, driven by its hydrocarbon transport operations and recent acquisitions, while reaffirming its full-year financial outlook.
en_1140290943540-5
Enbridge posts record $1.71bn profit and reaffirms investment strategy
Enbridge reported a sharp rise in first-quarter 2025 results, driven by its hydrocarbon transport operations and recent acquisitions, while reaffirming its full-year financial outlook.
en_1140290943540-5
Axpo secures strategic contract to deliver 115 GWh of solar electricity to Auchan
Axpo will manage balancing and market delivery of solar electricity supplied to Auchan in Poland under a structured agreement with GoldenPeaks Capital.
en_1140290946540-5
Axpo secures strategic contract to deliver 115 GWh of solar electricity to Auchan
Axpo will manage balancing and market delivery of solar electricity supplied to Auchan in Poland under a structured agreement with GoldenPeaks Capital.
en_1140290946540-5
EDP reports €428mn quarterly net profit driven by strategic positioning
Energias de Portugal saw its profit rise by 21% in the first quarter, supported by expanded renewable capacity and favourable electricity market prices.
en_1140290944540-5
EDP reports €428mn quarterly net profit driven by strategic positioning
Energias de Portugal saw its profit rise by 21% in the first quarter, supported by expanded renewable capacity and favourable electricity market prices.
en_1140290944540-5

Coal India secures 4,500 MW deal with AM Green to diversify operations

Coal India will supply 4,500 MW of renewable energy to AM Green under a memorandum of understanding to power its future green ammonia facilities nationwide.
Siemens Energy raises annual outlook after 52% surge in orders
Driven by strong operational execution and robust demand across key segments, Siemens Energy reports double-digit revenue growth and upgrades its outlook for fiscal year 2025.
en_1140290960540-3
Siemens Energy raises annual outlook after 52% surge in orders
Driven by strong operational execution and robust demand across key segments, Siemens Energy reports double-digit revenue growth and upgrades its outlook for fiscal year 2025.
en_1140290960540-3
Enel posts €2bn net profit rise despite falling electricity prices
Italian group Enel exceeded analysts’ forecasts with €22bn ($23.66bn) in revenue in Q1 2025, driven by international operations.
en_1140290956540-4
Enel posts €2bn net profit rise despite falling electricity prices
Italian group Enel exceeded analysts’ forecasts with €22bn ($23.66bn) in revenue in Q1 2025, driven by international operations.
en_1140290956540-4
RWE completes 999 MW in energy projects across the US and expands presence
German group RWE has commissioned six new energy projects in the US, reaching a combined capacity of 999 MW across wind, solar and battery storage technologies.
imgonline-com-ua-Resize-IgeO7EahX3GZ8
RWE completes 999 MW in energy projects across the US and expands presence
German group RWE has commissioned six new energy projects in the US, reaching a combined capacity of 999 MW across wind, solar and battery storage technologies.
imgonline-com-ua-Resize-IgeO7EahX3GZ8

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS