Akuo

Canaccord Genuity acted as Exclusive Financial Adviser to Akuo (the “Company” and the “Group”) and its founders on the exit of its minority shareholder Colam Entreprendre

Canaccord Genuity is pleased to announce that on 16 February2022 the founders of Akuo completed the acquisition of all shares in the capital of Akuo held by Colam Entreprendre.

Akuo is an independent global renewable energy power producerand developer. The Company is present across the entire valuechain, including project development, financing, construction, andoperation. As of end 2021, Akuo had invested more than €2.8 billion, with a current total capacity of 1.4 GW either in operation or under construction and hadover 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 and generated c.€150m EBITDA.

Canaccord Genuity identified a new financial partner, ICG Infra, that will support the founders in this new phase of the Company’s history. Canaccord Genuity’s scope of work included both M&A andfinancing advisory.

This transaction further reinforces Canaccord Genuity’s credentials in the renewable energy sector aswell as its relationships with private equity/debt funds.