Acquisition of a portfolio of onshore wind projects Germany

Augusta & Co, part of Mizuho Financial Group, one of the world’s largest financial institutions, is delighted to have acted as financial adviser to Ardian and Ardian Clean Energy Evergreen Fund’s (ACEEF) first investment in Germany with the acquisition of a greenfield onshore wind project portfolio located in Saxony. This investment reinforces Ardian’s commitment to advancing renewables energy infrastructure across Europe and is intended to serve as an anchor for the progressive build-out of a broader German renewables platform through disciplined follow-on acquisitions, including complementary mature renewables technologies.

With this investment ACEEF marks its geographic expansion into Europe’s largest renewable energy market. The transaction provides immediate exposure to a high-quality development pipeline while offering compelling risk-mitigated revenue profile. Ardian’s infrastructure team brings significant experience in the German energy market through its longstanding partnership with EWE, one of Germany’s largest energy companies, providing deep local market insight, regulatory understanding, and operational expertise to drive value creation in Germany.

Benjamin Kennedy, Head of ACEEF and Managing Director Renewables at Ardian commented: “This acquisition is consistent with ACEEF’s strategy to secure high-quality contracted revenue opportunities and build scalable renewables platforms across Europe’s core markets. It diversifies the fund through the addition of a new geography while maintaining our focus on long-term, stable cash flows. The German anchor portfolio gives us an attractive entry point and a clear runway for disciplined growth through follow-on investments in onshore wind and adjacent technologies. We are well positioned to generate long-term, sustainable value for our investors.”

Joachim Wagner, Director at Augusta & Co commented: “We were delighted to have advised Ardian on ACEEF’s inaugural investment in Germany. This transaction represents a strong vote of confidence in Germany’s energy transition at a time of significant regulatory evolution in the German onshore wind market. We wish the team every success with this investment and their continued growth in the market. This marks the third transaction close in Germany in the last 6 months on which Augusta & Co advised.”

Contact:
Joachim Wagner: JWagner@augustaco.com