With the two investments, in facilities named Broussan and Château, the privately-held producer of electricity from renewable energy., has passed the $1 billion threshold of solar, wind and/or biomass projects it has either originated or structured.
The majority of these projects were financed by Akuo Investment SICAR and other funds advised by Akuo Investment Management.
“Given the tough economic context during the past four years, we are very happy and proud to have achieved the group’s first financial milestone”, said Eric Scotto, CEO of Akuo Energy.
Akuo Energy currently has operating facilities in 10 countries and has an annual investment target of $700 million, exclusively in green infrastructure.
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