Ardian: acquisition of two solar power plants in Uruguay (76 MWp)

Ardian announces the acquisition of two solar photovoltaic plants, with a total capacity of 76 MWp, in Uruguay, through its ACEEF (Ardian Clean Energy Evergreen Fund) fund, dedicated to renewable energies, on 27/05/2026.

Ardian is already present in Uruguay through its investment in Akuo, which operates a portfolio of renewable assets there. However, this is the first investment on Uruguayan soil by ACEEF, the first evergreen fund dedicated to clean energy from Ardian's Infrastructure team (launched in 2022, and whose latest fundraising, in July 2023, reached €1 billion), which holds solar photovoltaic assets in Chile, as well as hydroelectric and solar photovoltaic assets in Peru.

Ardian believes that "Uruguay has strong fundamentals in renewable energy, including a well-established regulatory framework and high revenue visibility, providing a favourable environment for long-term investment. Ardian intends to strengthen its presence in this market in the coming years by seizing new investment opportunities".

"ACEEF has a selective and disciplined investment strategy based on…