Ardian completes French IPP Akuo acquisition

Facebook
Twitter
LinkedIn
Reddit
Email
Akuo signed a 15-year VPPA with Sasol for its first US solar project, Invenergy secured four deals Meta, and RWE commissioned its first Kentucky solar farm. Image: Akuo.
Ardian adds 1.9GW of renewable energy capacity, either operational or under construction, to its portfolio. Image: Akuo.

Private equity firm Ardian has completed the acquisition of French independent power producer (IPP) Akuo.

Ardian acquired the entirety of the capital held by the founders of the IPP in a transaction that was first unveiled earlier this year in March.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

According to Akuo, the acquisition will bring the financial means to implement the IPP’s accelerated strategy as it aims to reach 5GW of installed renewable energy by 2030.

With the acquisition of the French IPP, Ardian adds 1.9GW of renewable energy capacity – primarily solar PV and wind – either operational or under construction to its portfolio. Regarding Akuo’s development portfolio, the company has centred its focus on two continents, Europe – including Portugal, France and Greece, among others – and in the Americas with a portfolio of more than 10GW.

Moreover, Ardian has appointed Bruno Bensasson as the CEO, effective 4 July 2025, to “accelerate the company’s sustainable growth and enable it to achieve its full potential while supporting Akuo’s values.”

Prior to his appointment as CEO of Akuo, Bensasson worked at several French energy companies, including Engie – as the director of strategy and sustainable development – and more recently EDF, between 2018 and 2024. At EDF, Bensasson was the executive director for renewable energies and chairman and CEO of EDF Renewables.

The appointment of Bensasson as CEO of Akuo is not the only change in the company, with Ardian appointing Eric Scotto, one of the founders of Akuo, as the chairman of the supervisory board.

Eric Scotto, Chairman of Akuo, said: “What a remarkable adventure Akuo’s has been, created at a time when solar and wind renewable energies were emerging and now about to take on a new dimension at a time when they have become the norm.”

Read Next

September 10, 2025
Voltalia is seeking compensation for the ongoing curtailment of its Brazilian solar and wind fleet, which has exceeded expectations this year.
September 9, 2025
US solar tracker manufacturer Nextracker has acquired Origami Solar, a steel frame technology-focused company, for approximately US$53 million. 
September 8, 2025
France has awarded 971MW of ground-mount solar capacity, to 165 projects, in the eighth round of the PPE2 PV tender.
September 4, 2025
Indian solar manufacturer Waaree Energies has acquired a 64% equity stake in power transformer manufacturing company Kotsons.
September 3, 2025
Chinese solar manufacturer Trinasolar has signed a patent licence agreement with French module manufacturing startup Holosolis to use its TOPCon solar cell technology.
September 2, 2025
Swedish independent power producer (IPP) OX2 has appointed Matthias Taft as its new chief executive officer.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA