Akuo and Mirova have put Three Wind Power Plants into Service in Poland
Akuo, an independent global renewable energy power producer and developer, announces the activation of three wind power plants in Poland, in partnership with Mirova, an investment management company 100% devoted to sustainable investment and an affiliate of Natixis Investment Managers, to mark the inauguration of the Wielowieś power plant. The inauguration took place in the presence of Frederic Billet, Ambassador of the French Republic in Poland, Ginter Skowronek, Mayor of Wielowieś, Patrice Lucas, CEO of Akuo, and Fabien Villacampa, Investment Director at Mirova.
A Portfolio of 132 MW of Wind Power in Operation
The three plants’ production will cover the electricity needs of almost 200,000 homes while cutting CO2 emissions by some 300,000 metric tons per year. With an aggregate capacity of 132 MW, these three wind power plants will help the Polish government to reach its targets in terms of reducing the share of coal in the country’s electricity production. They will also contribute to its goal of increasing the share of renewables in its energy mix to 27% by 2040, as required by EU law. These new plants thus take the Akuo Group’s installed electricity capacity in the Central-Eastern Europe region to over 300 MW.
Patrice Lucas, CEO and Co-founder of Akuo, says: “The completion of these projects represents a major step and a first for Akuo in Poland, the success of which would not have been possible without the cross-business and multicultural teamwork shown between the Akuo teams in Paris and our local teams in Poland! I would also like to thank our financial partners, and in particular Mirova, who have put their trust in us and enabled us to achieve this milestone. We are proud to be helping the Polish State with its transition towards a green and local energy supply”.
Fabien Villacampa, Investment Director at Mirova, adds: “We are delighted to announce the completion of these projects, and thus to be among the first to contribute to the development of the wind sector in Poland within the framework of the “CfD1” governmental support for renewable energies launched in 2018. We want to continue leveraging renewable energy sectors’ European momentum and provide further capital for sustainable and resilient infrastructures. We need to work alongside investors to enable them to play their part in the fight against climate change”.
Frédéric Billet, French Ambassador in Poland declares: “As such, it is a perfect illustration of the implementation of the energy transition to which Poland is committed, and detailed in the PEP 2040. [...] Akuo, who invited us today, is developing many other projects in Poland that will diversify the country's energy mix - and I have no doubt that they will offer the best of their solutions here in Poland, to meet the challenges of regions in transition."
For further reading:
1 Contracts for difference
About Akuo: Entrepreneurs by Nature
Akuo is an independent global renewable energy power producer and developer. The company is present across the entire value chain, including project development, financing, construction, and operation. As of end 2020, Akuo had invested more than EUR 2.6 billion for a current total capacity of 1.3 GW in operation or under construction and had over 5 GW of projects under development. With more than 350 employees, the Group, headquartered in Paris, France, has a presence in over 15 countries around the world.
For more information, please visit https://www.akuoenergy.com/en
Mirova
Mirova is an affiliate of Natixis Investment Managers.
Portfolio management company - French Public Limited liability company
Regulated by AMF under n°GP 02-014
RCS Paris n°394 648 216
Registered Office: 59, Avenue Pierre Mendes France – 75013 – Paris.
www.mirova.com
Natixis Investment Managers
Natixis Investment Managers is a subsidiary of Natixis.
Portfolio management company - French Public Limited liability company
RCS Paris n°453 952 681
Registered Office: 43, Avenue Pierre Mendes France – 75013 – Paris.
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
Copyright © 2021 Natixis Investment Managers S.A. – All rights reserved
A Portfolio of 132 MW of Wind Power in Operation
The three plants’ production will cover the electricity needs of almost 200,000 homes while cutting CO2 emissions by some 300,000 metric tons per year. With an aggregate capacity of 132 MW, these three wind power plants will help the Polish government to reach its targets in terms of reducing the share of coal in the country’s electricity production. They will also contribute to its goal of increasing the share of renewables in its energy mix to 27% by 2040, as required by EU law. These new plants thus take the Akuo Group’s installed electricity capacity in the Central-Eastern Europe region to over 300 MW.
Patrice Lucas, CEO and Co-founder of Akuo, says: “The completion of these projects represents a major step and a first for Akuo in Poland, the success of which would not have been possible without the cross-business and multicultural teamwork shown between the Akuo teams in Paris and our local teams in Poland! I would also like to thank our financial partners, and in particular Mirova, who have put their trust in us and enabled us to achieve this milestone. We are proud to be helping the Polish State with its transition towards a green and local energy supply”.
Fabien Villacampa, Investment Director at Mirova, adds: “We are delighted to announce the completion of these projects, and thus to be among the first to contribute to the development of the wind sector in Poland within the framework of the “CfD1” governmental support for renewable energies launched in 2018. We want to continue leveraging renewable energy sectors’ European momentum and provide further capital for sustainable and resilient infrastructures. We need to work alongside investors to enable them to play their part in the fight against climate change”.
Frédéric Billet, French Ambassador in Poland declares: “As such, it is a perfect illustration of the implementation of the energy transition to which Poland is committed, and detailed in the PEP 2040. [...] Akuo, who invited us today, is developing many other projects in Poland that will diversify the country's energy mix - and I have no doubt that they will offer the best of their solutions here in Poland, to meet the challenges of regions in transition."
For further reading:
- Mirova Joins Akuo to Finance 132 MW of Wind Power in Poland
- Final close at €857m for Mirova-Eurofideme 4
- Mirova Eurofideme 4 hits first close at 250M€ to support the energy transition in Europe
- Mirova’s Goya project wins ‘europe wind deal of the year’ award at 2018 PFI awards
- Energy Transition: Clean investments for yield-hungry investors
- Mirova acquires 25 MW solar photovoltaic project in Portugal
- The Renewable Energy Market in Europe
- Mirova wins 3rd award in a row at SIATI 2017 with Mirova-Eurofideme 3
- Mirova recognised as “Energy Investor of the Year, Europe” for 2016 at the Infrastructure Investor Awards
- Mirova finalises the closing of its third renewable energy fund, with 350M€ commitment
- Mirova and Valeco team up to support green power
About Akuo: Entrepreneurs by Nature
Akuo is an independent global renewable energy power producer and developer. The company is present across the entire value chain, including project development, financing, construction, and operation. As of end 2020, Akuo had invested more than EUR 2.6 billion for a current total capacity of 1.3 GW in operation or under construction and had over 5 GW of projects under development. With more than 350 employees, the Group, headquartered in Paris, France, has a presence in over 15 countries around the world.
For more information, please visit https://www.akuoenergy.com/en
Mirova
Mirova is an affiliate of Natixis Investment Managers.
Portfolio management company - French Public Limited liability company
Regulated by AMF under n°GP 02-014
RCS Paris n°394 648 216
Registered Office: 59, Avenue Pierre Mendes France – 75013 – Paris.
www.mirova.com
Natixis Investment Managers
Natixis Investment Managers is a subsidiary of Natixis.
Portfolio management company - French Public Limited liability company
RCS Paris n°453 952 681
Registered Office: 43, Avenue Pierre Mendes France – 75013 – Paris.
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
Copyright © 2021 Natixis Investment Managers S.A. – All rights reserved