Eurazeo has acquired an 80 per cent equity interest in Ikaros Solar, a Belgian solar PV company, from its founders and Capenergie 2, a fund managed by Omnes Capital.
Ikaros Solar is the first investment of Eurazeo’s infrastructure team in line with its mandate to invest in the energy and digital transition and contribute to a low-carbon and sustainable economy. Eurazeo has committed to invest up to EUR45 million.
Ikaros Solar develops, builds, owns and operates rooftop and ground mounted solar PV power plants across Benelux, France, Portugal and the UK. Eurazeo will support the company by providing growth capital to scale the company organically and through bolt-on acquisitions.