Ardian Appoints Bruno Bensasson as Akuo's New CEO

• Ardian SAS acquires Akuo, appoints Bruno Bensasson as CEO, aiming for 5 GW capacity by 2030 in renewable energy expansion.

Private equity firm Ardian SAS has completed its acquisition of French renewable energy company Akuo, appointing Bruno Bensasson as the new CEO effective July 4. Bensasson, born in 1972, previously served as chairman and CEO of EDF Renewables and was a director at Vestas Wind Systems A/S. Under Ardian's ownership, Akuo will be overseen by a supervisory board, with Eric Scotto appointed as chairman.

Founded in 2007, Akuo operates in solar, wind, and energy storage sectors across Europe and the Americas, with 1.9 GW of power capacity in operation and under construction. The company aims to reach 5 GW of installed capacity by 2030, leveraging Ardian's financial support to achieve this goal.

How will Ardian's acquisition impact Akuo's growth in renewable energy sectors?

• Enhanced Financial Resources: Ardian's acquisition provides Akuo with increased financial backing, enabling accelerated project development and expansion in the renewable energy sector.
• Strategic Leadership: With Bruno Bensasson as CEO, Akuo benefits from his extensive experience in renewable energy, potentially leading to more strategic and effective growth initiatives.
• Expanded Project Pipeline: The acquisition may facilitate the expansion of Akuo's project pipeline, allowing the company to pursue larger and more diverse renewable energy projects.
• Increased Market Presence: Ardian's global network and resources could help Akuo strengthen its market presence in existing regions and enter new markets more effectively.
• Technological Advancements: Access to Ardian's resources might enable Akuo to invest in cutting-edge technologies, enhancing efficiency and innovation in their renewable energy projects.
• Synergies with Ardian's Portfolio: Collaboration with other companies in Ardian's portfolio could lead to synergies, optimizing operations and reducing costs for Akuo.
• Accelerated Capacity Goals: With Ardian's support, Akuo is better positioned to achieve its target of 5 GW of installed capacity by 2030, contributing significantly to the global renewable energy landscape.