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: "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."
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1 Reference to a ranking or label is not necessarily a guide to funds or their managers' future performance.
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
About Mirova
Mirova is a management company dedicated to sustainable investment and an affiliate of Natixis Investment Managers. Through its conviction management, Mirova's goal is to combine long-term value creation and sustainable development. Pioneers in many areas of sustainable finance, Mirova's talents aim to continue to innovate in order to offer their clients solutions with high environmental and social impact. Mirova and its affiliates manage 23,6 billion euros as of June 30, 2021. Mirova is a mission-based company, labeled B Corp.1. 1 The reference to a ranking or a label does not prejudge the future performance of the funds or its managers. Portfolio Management Company - Anonymous Company RCS Paris No.394 648 216 - AMF Accreditation No. GP 02-014 59, Avenue Pierre Mendes France - 75013 - Paris Mirova is an affiliate of Natixis Investment Managers. Read more: www.mirova.com RCS Paris n°394 648 216 - Agrément AMF n° GP 02-014 59, Avenue Pierre Mendes France - 75013 - Paris Mirova est un affilié de Natixis Investment Managers En savoir plus : www.mirova.coma
About Natixis Investment Managers
Natixis Investment Managers' multi-affiliate approach connects clients to the independent thinking and focused expertise of more than 20 active managers. Ranked among the world's largest asset managers1 with more than $1.4 trillion assets under management2 ( 1,182.5 billion), Natixis Investment Managers delivers a diverse range of solutions across asset classes, styles, and vehicles. The firm is dedicated to advancing sustainable finance and developing innovative Environmental, Social, and Governance (ESG) products. Natixis Investment Managers consults and partners with its clients and offers insight on markets and assumptions to better align strategies with long-term goals.
Headquartered in Paris and Boston, Natixis Investment Managers is wholly-owned by Natixis. Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Investment Managers' affiliated investment management firms include AEW; Alliance Entreprendre; AlphaSimplex Group; DNCA Investments;3 Dorval Asset Management; Flexstone Partners; Gateway Investment Advisers; Harris Associates; Investors Mutual Limited; Loomis, Sayles & Company; Mirova; MV Credit; Naxicap Partners; Ossiam; Ostrum Asset Management; Seeyond; Seventure Partners; Thematics Asset Management; Vauban Infrastructure Partners; Vaughan Nelson Investment Management; and WCM Investment Management. Additionally, investment solutions are offered through Natixis Investment Managers Solutions and Natixis Advisors, LLC. Not all offerings available in all jurisdictions. For additional information, please visit Natixis Investment Managers' website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers.
Natixis Investment Managers' distribution and service groups include Natixis Distribution, LLC, a limited purpose broker-dealer and the distributor of various U.S. registered investment companies for which advisory services are provided by affiliated firms of Natixis Investment Managers, Natixis Investment Managers S.A. (Luxembourg), Natixis Investment Managers International (France), and their affiliated distribution and service entities in Europe and Asia.
1 Cerulli Quantitative Update: Global Markets 2021 ranked Natixis Investment Managers as the 15th largest asset manager in the world based on assets under management as of December 31, 2020.
2 Assets under management ("AUM") as of June 30, 2021 is $1,402.5 billion. AUM, as reported, may include notional assets, assets serviced, gross assets, assets of minority-owned affiliated entities and other types of non-regulatory AUM managed or serviced by firms affiliated with Natixis Investment Manager. Excluding H2O Asset Management.
3 A brand of DNCA Finance.
Akuo
Media Relations:
Mila AVERLANT
averlant@akuoenergy.com
Investor Relations:
Jérôme CHOSSON
chosson@akuoenergy.com
Mirova Steele & Holt
Media Relations:
Laura BARKATZ
laura@steeleandholt.com Tél. : +33 (0) 6 58 25 54 14
Charlotte FORTY DE LAMARRE
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