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Akuo Energy

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uuid0000twq

Namestring
Akuo Energy
Legal namestring
AKUO ENERGY SAS
Websiteurl
akuoenergy.com
Company typeenum
Private
Founded yearint
2007
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersParis, France
HQ citystring
Paris
HQ countrystring
France
HQ regionstring
Europe
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
renewable energy generation, wind farm development, solar power production, energy storage systems, corporate power purchase
Industry3 codes
1Solar Project Development & IPP (Utility-Scale & Rooftop)
CodeEUAMABAAPrimaryYes
2Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds)
CodeEUAMAAADPrimaryNo
3Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build)
CodeEUAMAAAFPrimaryNo
NAICS code3 codes
  • Solar Electric Power Generation221114
  • Electric Power Generation, Transmission and Distribution2211
  • Electric Power Generation22111
SIC code1 code
  • Electric Services4911
Product category
Renewable Energy Generation
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Electricity Sales
TypeSubscription Recurring
Description

Akuo generates revenue by producing and selling electricity from its renewable energy portfolio. Revenue is secured through long-term power purchase agreements (PPAs) with corporate buyers, feed-in tariffs from government auctions, and merchant power sales.

akuoenergy.com
2Crowdfunding Platform
TypeTransaction Fee
Description

Akuo operates a participatory financing platform (AkuoCoop by Lendosphere) allowing citizens to invest in renewable energy projects, providing additional financing channels and community engagement.

akuoenergy.com
3Project Development Services
TypeProfessional Services
Description

End-to-end development services including project development, financing structuring, construction management, and asset management for renewable energy plants.

akuoenergy.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1AkuoCoop
Description

Crowdfunding platform for investing in Akuo renewable energy projects, operated in partnership with Lendosphere

akuoenergy.com
Core offering1 text field

Akuo Energy is an integrated independent power producer (IPP) that develops, finances, constructs, and operates renewable energy plants across solar photovoltaic, onshore and offshore wind, and battery energy storage technologies. The company generates and sells electricity through corporate power purchase agreements (PPAs), government tenders/feed-in tariffs, and merchant sales, with pioneering capabilities in agrivoltaics and floating solar across more than 20 countries.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 180 MW Santas solar plant supplies 100,000+ households with clean electricity
+3 more records
Product overview1 text field

Akuo Energy is an integrated independent power producer offering renewable energy solutions across four core technologies: Solar (photovoltaic with tracker, floating, and agrivoltaic systems), Wind (onshore and offshore), Storage (battery energy storage systems), and Power Sales/Corporate PPAs. The company operates from development through financing, construction, and asset management. Key named projects include the Santas solar plant (225 MWc) and SantasBAT storage (80 MW/220 MWh) in Portugal, the Boulouparis Mega Battery (110 MW/220 MWh) in New Caledonia, O'MEGA1 floating solar (22 MWp) in France, and the Margalha solar plant (147 MWp) under construction in Portugal. The company also offers citizen investment through its AkuoCoop crowdfunding platform and provides specialized agrivoltaic solutions for agricultural land.

Product and service2 records
1Solar Power (Solaire)
CategorySolar Power Generation
Description

Photovoltaic solar power plant development, construction, and operation for corporate offtakers and territorial projects; includes ground-mounted, rooftop, and single-axis tracker configurations.

2Wind Power (Éolien)
Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-06-09
Description

Local community groups representing tribes of Nassirah, Ouitchambo and Kouergoa joined capital of Grande Batterie de Boulouparis project in New Caledonia.

2Jasper Wind and AirEnergy S.A.
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-04-25
Description

Signed MoU to develop and potentially acquire six wind energy projects in Atalanti area of Sterea Ellada, Greece, with combined capacity of ~145 MW.

solarquarter.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-09-23
Description

PPA for Wielowieś wind farm (66 MW) offtake. Axpo is one of Poland's largest independent green energy offtakers. Companies also work together in France with Flexibility Purchase Agreement for energy storage.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2024-04-15
Description

Agricultural research office partnered with Akuo for FruitPV experimental agrivoltaics project in Portugal, combining expertise in agriculture and renewable energy.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-01-01
Description

European leader in crowdfunding for energy transition. Hosts AkuoCoop platform enabling citizen investment in Akuo renewable projects across Europe. Partnership expanded Akuo's crowdfunding reach since 2017.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-06-02
Description

Long-term PPA (20 years) for Cintegabelle floating solar plant electricity offtake. Octopus Energy committed to purchasing electricity at specified price over contract term.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2022-08-02
Description

Consortium partner for French Mediterranean offshore wind tender (AO6). Combined experience of ~1GW in France and 30GW globally. Joint development of 7GW floating wind pipeline in Mediterranean.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2022-08-02
Description

Consortium partner with BlueFloat Energy and Akuo for French offshore wind tender (AO6). Contributes global expertise and financing capability to floating wind development.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Neoen is a French independent renewable energy producer with a similar integrated model spanning solar, wind, and storage across multiple continents. Closest comparable by geography (French-headquartered, listed on Euronext Paris), technology mix (solar/wind/BESS), and IPP structure.

TypeDirect peer
Description

Voltalia is a French-listed renewable IPP (subsidiary of Mulliez group) developing solar, wind, hydro, and storage across Europe, Latin America, Africa, and Asia. Highly comparable integrated IPP model with similar technology mix and emerging-markets footprint.

TypeDirect peer
Description

Boralex is a Canadian-listed renewable IPP with significant French operations, focusing on wind, solar, hydroelectric, and storage. Comparable in IPP structure, European market exposure, and technology diversification.

TypeBroad incumbent
Description

EDPR is one of the world's largest renewable energy developers, with strong Iberian and global presence across wind, solar, and storage. Comparable technology mix and IPP role, but materially larger scale and listed parent (EDP).

TypeBroad incumbent
Description

Engie is a global French utility with a major renewable energy arm (solar, wind, storage) and BESS integration expertise. Overlapping in all Akuo's core technologies but operating at vastly greater scale as a multi-utility incumbent.

TypeBroad incumbent
Description

EDF Renewables is the dedicated renewable arm of French utility EDF, developing solar, onshore/offshore wind, and storage globally. Direct technology overlap; competes with Akuo in French tenders but operates as a subsidiary of a much larger incumbent utility.

TypeBroad incumbent
Description

RWE is a major German utility with one of Europe's largest renewable generation portfolios across wind, solar, and battery storage. Comparable technology scope and European footprint; operates at vastly greater scale as a listed utility incumbent.

TypeBroad incumbent
Description

Enel Green Power is the global renewable arm of Italian utility Enel, with one of the world's largest installed renewable capacities across solar, wind, geothermal, and hydro. Comparable multi-technology IPP model; competitor in Mediterranean and Latin American markets.

TypeBroad incumbent
Description

TotalEnergies' integrated renewables and power division develops utility-scale solar, wind, and BESS globally, including in markets where Akuo operates (France, Iberian Peninsula, Latin America). Comparable project portfolio; vastly larger incumbent.

TypeEmerging player
Description

Sun'Agri is a French specialist in dynamic agrivoltaics with R&D roots in INRAE research. Directly comparable to Akuo in the agrivoltaic niche where Akuo has 15+ years of experience; Sun'Agri represents a more focused, technology-led competitor in this emerging segment.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Akuo Energy

Renewable Energy Generationakuoenergy.com

Akuo Energy firmographics

Firmographics
Name
Akuo Energy
Legal name
AKUO ENERGY SAS
Website
https://akuoenergy.com
Company type
Private
Founded year
2007
Operating status
Operating
Headcount range
251–500 employees
Ownership category
akta.pro rank

Akuo Energy industry classification

Industry
Product category
Renewable Energy Generation
NAICS
Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111)
SIC
Electric Services (4911)
akta.pro primary industry
Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA)
akta.pro secondary industries
Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build) (EUAMAAAF)

Keywords

  • Renewable energy generation
  • Wind farm development
  • Solar power production
  • Energy storage systems
  • Corporate power purchase

Where Akuo Energy is headquartered

Location

Headquarters

HQ city
Paris
HQ country
France
HQ region
Europe

Offices5 records

Markets served

Akuo Energy business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

  1. Electricity Sales: Akuo generates revenue by producing and selling electricity from its renewable energy portfolio. Revenue is secured through long-term power purchase agreements (PPAs) with corporate buyers, feed-in tariffs from government auctions, and merchant power sales.
  2. Crowdfunding Platform: Akuo operates a participatory financing platform (AkuoCoop by Lendosphere) allowing citizens to invest in renewable energy projects, providing additional financing channels and community engagement.
  3. Project Development Services: End-to-end development services including project development, financing structuring, construction management, and asset management for renewable energy plants.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Akuo Energy product offering

Product offering

Core offering

Akuo Energy is an integrated independent power producer (IPP) that develops, finances, constructs, and operates renewable energy plants across solar photovoltaic, onshore and offshore wind, and battery energy storage technologies. The company generates and sells electricity through corporate power purchase agreements (PPAs), government tenders/feed-in tariffs, and merchant sales, with pioneering capabilities in agrivoltaics and floating solar across more than 20 countries.

Product overview

Akuo Energy is an integrated independent power producer offering renewable energy solutions across four core technologies: Solar (photovoltaic with tracker, floating, and agrivoltaic systems), Wind (onshore and offshore), Storage (battery energy storage systems), and Power Sales/Corporate PPAs. The company operates from development through financing, construction, and asset management. Key named projects include the Santas solar plant (225 MWc) and SantasBAT storage (80 MW/220 MWh) in Portugal, the Boulouparis Mega Battery (110 MW/220 MWh) in New Caledonia, O'MEGA1 floating solar (22 MWp) in France, and the Margalha solar plant (147 MWp) under construction in Portugal. The company also offers citizen investment through its AkuoCoop crowdfunding platform and provides specialized agrivoltaic solutions for agricultural land.

Differentiator

Problem solved

Functional benefit

Brands

  • AkuoCoop: Crowdfunding platform for investing in Akuo renewable energy projects, operated in partnership with Lendosphere

Products and services

  • Solar Power (Solaire) Photovoltaic solar power plant development, construction, and operation for corporate offtakers and territorial projects; includes ground-mounted, rooftop, and single-axis tracker configurations.
  • Wind Power (Éolien)

Quantifiable outcome

  • 180 MW Santas solar plant supplies 100,000+ households with clean electricity
  • +3 more outcomes

Companies that use Akuo Energy

Customer profile

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Akuo Energy technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Akuo Energy partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered minor, core and flagship.

  • GDPL Wiwa and WijeminorStrategic or Co-development Partner · 9 June 2026Local community groups representing tribes of Nassirah, Ouitchambo and Kouergoa joined capital of Grande Batterie de Boulouparis project in New Caledonia.
  • Jasper Wind and AirEnergy S.A.minorStrategic or Co-development Partner · 25 April 2026Signed MoU to develop and potentially acquire six wind energy projects in Atalanti area of Sterea Ellada, Greece, with combined capacity of ~145 MW.
  • Axpo PolskacoreStrategic or Co-development Partner · 23 September 2024PPA for Wielowieś wind farm (66 MW) offtake. Axpo is one of Poland's largest independent green energy offtakers. Companies also work together in France with Flexibility Purchase Agreement for energy storage.
  • AgriterraminorStrategic or Co-development Partner · 15 April 2024Agricultural research office partnered with Akuo for FruitPV experimental agrivoltaics project in Portugal, combining expertise in agriculture and renewable energy.
  • LendospherecoreChannel Partner/ Reseller/ Distributor · 1 January 2024European leader in crowdfunding for energy transition. Hosts AkuoCoop platform enabling citizen investment in Akuo renewable projects across Europe. Partnership expanded Akuo's crowdfunding reach since 2017.
  • Octopus EnergycoreStrategic or Co-development Partner · 2 June 2023Long-term PPA (20 years) for Cintegabelle floating solar plant electricity offtake. Octopus Energy committed to purchasing electricity at specified price over contract term.
  • BlueFloat EnergyflagshipStrategic or Co-development Partner · 2 August 2022Consortium partner for French Mediterranean offshore wind tender (AO6). Combined experience of ~1GW in France and 30GW globally. Joint development of 7GW floating wind pipeline in Mediterranean.
  • Sumitomo CorporationflagshipStrategic or Co-development Partner · 2 August 2022Consortium partner with BlueFloat Energy and Akuo for French offshore wind tender (AO6). Contributes global expertise and financing capability to floating wind development.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Akuo Energy competitors and assessment

Company assessment

Direct peers

  • Neoen: Neoen is a French independent renewable energy producer with a similar integrated model spanning solar, wind, and storage across multiple continents. Closest comparable by geography (French-headquartered, listed on Euronext Paris), technology mix (solar/wind/BESS), and IPP structure.
  • Voltalia: Voltalia is a French-listed renewable IPP (subsidiary of Mulliez group) developing solar, wind, hydro, and storage across Europe, Latin America, Africa, and Asia. Highly comparable integrated IPP model with similar technology mix and emerging-markets footprint.
  • Boralex: Boralex is a Canadian-listed renewable IPP with significant French operations, focusing on wind, solar, hydroelectric, and storage. Comparable in IPP structure, European market exposure, and technology diversification.

Broad incumbents

  • EDP Renováveis (EDPR): EDPR is one of the world's largest renewable energy developers, with strong Iberian and global presence across wind, solar, and storage. Comparable technology mix and IPP role, but materially larger scale and listed parent (EDP).
  • Engie (Green & Flexible Power): Engie is a global French utility with a major renewable energy arm (solar, wind, storage) and BESS integration expertise. Overlapping in all Akuo's core technologies but operating at vastly greater scale as a multi-utility incumbent.
  • EDF Renewables: EDF Renewables is the dedicated renewable arm of French utility EDF, developing solar, onshore/offshore wind, and storage globally. Direct technology overlap; competes with Akuo in French tenders but operates as a subsidiary of a much larger incumbent utility.
  • RWE Renewables: RWE is a major German utility with one of Europe's largest renewable generation portfolios across wind, solar, and battery storage. Comparable technology scope and European footprint; operates at vastly greater scale as a listed utility incumbent.
  • Enel Green Power: Enel Green Power is the global renewable arm of Italian utility Enel, with one of the world's largest installed renewable capacities across solar, wind, geothermal, and hydro. Comparable multi-technology IPP model; competitor in Mediterranean and Latin American markets.
  • TotalEnergies Renewables / OneTech: TotalEnergies' integrated renewables and power division develops utility-scale solar, wind, and BESS globally, including in markets where Akuo operates (France, Iberian Peninsula, Latin America). Comparable project portfolio; vastly larger incumbent.

Emerging players

  • Sun'Agri: Sun'Agri is a French specialist in dynamic agrivoltaics with R&D roots in INRAE research. Directly comparable to Akuo in the agrivoltaic niche where Akuo has 15+ years of experience; Sun'Agri represents a more focused, technology-led competitor in this emerging segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Akuo Energy social profiles

Digital presence

Akuo Energy financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Akuo Energy leadership team

Management profile

Number of profiles

Profiles9 records

Akuo Energy funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Akuo Energy M&A and investment

M&A and investment

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Akuo Energy

What does Akuo Energy do?

Akuo Energy is an integrated independent power producer (IPP) that develops, finances, constructs, and operates renewable energy plants across solar photovoltaic, onshore and offshore wind, and battery energy storage technologies. The company generates and sells electricity through corporate power purchase agreements (PPAs), government tenders/feed-in tariffs, and merchant sales, with pioneering capabilities in agrivoltaics and floating solar across more than 20 countries.

Is Akuo Energy a public or private company?

Akuo Energy is a private company. It is classified as private equity controlled and is currently operating.

When was Akuo Energy founded?

Akuo Energy was founded in 2007. It employs 251 to 500 people.

Where is Akuo Energy based?

Akuo Energy is headquartered in Paris, France, in the Europe region.

How does Akuo Energy make money?

Three revenue lines are on record. Electricity Sales are the primary driver. The others are crowdfunding Platform and project Development Services.

Who are Akuo Energy's main competitors?

Direct peers on record are Neoen, Voltalia and Boralex. Broad incumbents are EDP Renováveis (EDPR), Engie (Green & Flexible Power), EDF Renewables, RWE Renewables, Enel Green Power and TotalEnergies Renewables / OneTech. Sun'Agri is listed as an emerging player.

Does Akuo Energy have an API?

No public API is recorded for Akuo Energy.

What industry is Akuo Energy in?

Akuo Energy's product category is Renewable Energy Generation. Its primary akta.pro industry code is EUAMABAA, Solar Project Development & IPP (Utility-Scale & Rooftop), with a secondary code of EUAMAAAD, Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds). Its NAICS code is 221114 and its SIC code is 4911.

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Live signals
PV TechDos Grados acquires 500MW-plus of solar projects from Akuo in SpainDos Grados agreed to acquire three PV solar projects from Akuo in Spain, with combined capacity exceeding 500MW. The projects are in Castilla y León and Andalusia, and the deal expands Dos Grados' Spanish renewable portfolio. Financial terms and project details were not disclosed.Les EchosAkuo Energy met en service deux parcs agrivoltaïques en Côte-d'OrAkuo Energy, a French renewable energy producer, has commissioned two agrivoltaic solar parks in Sombernon and Saint-Martin-de-la-Mer, west of Dijon in Côte-d'Or, France. The Sombernon site is Akuo Energy's largest solar power plant in France, with a capacity of 34 MW/year capable of powering more than 9,000 households, using photovoltaic panels mounted on sun-tracking rows installed since March. In 2025 alone, Akuo Energy started or continued construction on 14 solar projects across France, Portugal, Chile, and the United States while commissioning five additional sites.SolarQuarterAkuo Joins French Presidential Delegation As CEO Bruno Bensasson Accompanies Emmanuel Macron To Greece To Strengthen Bilateral Cooperation In Renewable EnergyBruno Bensasson, CEO of Akuo, joined the official French delegation during President Emmanuel Macron's visit to Greece on 24-25 April 2026 to strengthen bilateral economic cooperation focused on renewable energy. On 25 April in Athens, Akuo signed a Memorandum of Understanding with Jasper Wind and AirEnergy S.A. to develop and potentially acquire six wind energy projects in the Atalanti area of Sterea Ellada with a combined capacity of around 145 MW. Akuo, which has been active in Greece since 2019, now has a portfolio of 1.4 GW of solar, wind, and storage projects, with 88 MW potentially ready to build by 2027 subject to grid availability.SolarQuarterAkuo To Build 80 MW / 220 MWh SantasBAT Storage Project In Portugal With €15 Million PRR Funding To Advance National Energy TransitionAkuo is beginning construction on SantasBAT, an 80 MW/220 MWh battery energy storage system in Borba, Portugal, integrated with its existing 181 MW Santas solar plant that has operated since September 2024. The project has secured €15 million in funding through Portugal's Recovery and Resilience Plan (PRR) under the NextGenerationEU programme and is expected to be completed by Q2 2027. The storage system will shift solar energy to peak demand periods and support ancillary services, advancing Portugal's target of reaching 85% renewable electricity by 2030.SolarQuarterAkuo Launches Construction of 200 MWh Battery Storage Facility in New Caledonia to Strengthen Grid StabilityFrench renewable energy producer Akuo has commenced construction of a 200 MWh battery storage facility in Boulouparis, New Caledonia, scheduled for commissioning in the third quarter of 2027. The project, developed through a public-private partnership involving local customary groups and French financial institutions, aims to stabilize the grid and support the territory's energy transition targets. The facility will operate under a 12-year contract with Enercal, New Caledonia's grid operator.PV TechArdian completes French IPP Akuo acquisitionPrivate equity firm Ardian has completed the acquisition of French independent power producer Akuo, securing 1.9GW of renewable energy capacity currently operational or under construction. The transaction enables Akuo to pursue an accelerated strategy targeting 5GW of installed renewable energy by 2030, supported by new leadership including CEO Bruno Bensasson. This move integrates Akuo's solar and wind assets into Ardian's portfolio while maintaining its development focus in Europe and the Americas.Ammonia Energy AssociationCoega renewable ammonia: development funding secured, solar plant finalisedHive Hydrogen has secured $20 million in development funding from the SA-H2 Fund for its Coega renewable ammonia project, which aims to produce 1 million tons per year by 2029. The funding supports engineering and permitting activities, while a separate 1430 MW solar park developed by Hive Hydrogen and Akuo Energy has completed its development phase and is set for construction in late 2026.Business Wire BlogSasol and Akuo Sign Virtual Power Purchase AgreementSasol International Chemicals and Akuo signed a 15-year virtual power purchase agreement for 91 MW of renewable energy from the Tennyson solar farm in Texas. The agreement, effective in 2026, covers about 50% of Sasol's Lake Charles plant's annual electricity use and cuts CO2 emissions by 90,000 tons per year.PitchBookQ1 2025 France Market SnapshotFrance's private markets experienced a subdued Q1 2025, with VC deal value falling to its lowest quarterly level in over five years and most activity concentrated in smaller rounds under €100 million. PE activity also declined, though sponsor-to-sponsor deals provided some support, highlighted by Ardian's €1 billion sale of solar and wind developer Akuo. IPO activity in France remained virtually nonexistent amid geopolitical headwinds and economic uncertainty, though Ardian managed to close a €3.2 billion fund, a 1.6x increase over its predecessor.Balkan Green Energy NewsAncala acquires Akuo’s biomass CHP plant in CroatiaLondon-based infrastructure manager Ancala has acquired a 5 MW biomass combined heat and power (CHP) plant in Grubišno Polje, Croatia, from French renewable energy firm Akuo. The plant, which also has 6.5 MW heat generation capacity, was commissioned in 2021 and operates under long-term feed-in tariffs and supply agreements. The acquisition doubles the capacity of Ancala's Central and Eastern European EU Renewables Platform, representing the infrastructure manager's 15th bolt-on acquisition and providing Akuo an exit to refocus on its core solar, wind and storage businesses.