Ardian to Acquire French Renewable Energy Firm Akuo

Reported 3 days ago

Private equity firm Ardian has reached an agreement to acquire Akuo, a French renewable energy company specializing in wind power, photovoltaics, and energy storage, with plans to enhance its growth and development. Akuo, currently operating with a capacity of 1.9GW, aims to expand to 5GW by 2030. The acquisition reflects Ardian's commitment to supporting renewable energy platforms and their contributions to decarbonization and energy independence in Europe and the Americas.

Source: YAHOO

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