Ardian acquires Akuo

France-based Akuo currently operates a 1. 9 GW renewable energy plant portfolio. France-based private equity company Ardian Infrastructure has agreed to acquire French independent power producer Akuo for an undisclosed sum. "Thanks to its entrepreneurial spirit and constant commitment to innovation, Akuo's production and storage capacity is expected to reach 1. 9 GW by the end of 2024, with aims to reach 5 GW by 2030," Ardian said in a statement, noting that the transaction must be approved by relevant regulatory authorities. "Founded in 2007, and backed by ICG since 2022, Akuo has become a major ...

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