A number of entities, consistingof the financialinvestment system of TotalEnergies, are interested in the prepared sale of Akuo, according to French media reports.

Image: Akuo Energy

From pv publication France

French renewables designer Akuo stated earlier this year that it had began looking for a tactical partner, when it employed 3 banks – Nomura, Rothschild & Co, and Natixis Partners – to examine prospective takeover deals. Several financialinvestment funds, consistingof the financialinvestment arm of French energy giant TotalEnergies, have supposedly revealed interest, according to a current report in L’Informé.

Earlier this year, the creators of Akuo revealed their search for funding to establish a 20 GW eco-friendly energy task portfolio. To help in this procedure, the business has engaged 3 banks – Nomura, Rothschild & Co., and Natixis Partners – to assess prospective takeover provides and their tactical worth.

Total Energies, with its ?%A/C280 billion ($307.0 billion) in turnover in 2022 and record earnings of almost ?%AIRCONDITIONING19.5 billion over the verysame year, is forthatreason well-positioned to quickly total this acquisition, approximated at around €2 billion by Akuo. A offer would considerably broaden Total Energies’ eco-friendly portfolio, which stood at 1.6 GW of functional capability in January 2023, mainly through external development.

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