ILOS Sells 60% Stake to AXA IM Alts, Fueling Renewable Growth Ambitions
Deal News | Apr 14, 2025 | Omnes Capital SAS
AXA IM Alts has acquired a 60% stake in ILOS Projects, a rapidly growing renewable energy independent power producer (IPP) headquartered in Karlsruhe, Germany. This acquisition sees AXA IM Alts partnering with the existing founders and management team to further ILOS' ambition of becoming a leading pan-European renewable energy platform. The firm is set to benefit from favorable market trends towards renewable energy as it continues to build on its 5 GWp solar photovoltaic project pipeline across Europe. Previously backed by Omnes Capital through its Capenergie 4 fund, ILOS has developed into a fully integrated IPP and will continue its growth trajectory under the new partnership. AXA IM Alts’ involvement aligns with its strategic focus on sustainable infrastructure investments, supporting Europe's energy transition and climate goals.
Sectors
- Renewable Energy
- Private Equity
- Asset Management
Geography
- Germany – ILOS Projects is headquartered in Karlsruhe, Germany.
- Europe – ILOS operates across seven European countries and the focus of the investment is on pan-European renewable energy development.
Industry
- Renewable Energy – The article primarily discusses investments in renewable energy, particularly focusing on solar photovoltaic projects across Europe.
- Private Equity – Involves PE firm Omnes Capital's investment and exit from ILOS, and AXA IM Alts acquisition of ILOS shares.
- Asset Management – AXA IM Alts, a unit of AXA Investment Managers, is part of the asset management sector and is involved in managing investments.
Financials
- 186 billion – AXA IM Alts' assets under management.
- 6.3 billion – Omnes Capital's assets under management.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ILOS Projects | Target Company | Companies | A pan-European renewable energy independent power producer, primarily focusing on solar photovoltaic projects. |
| AXA IM Alts | Bidding Company | Companies | A global leader in alternative investments and the acquiring entity of a 60% stake in ILOS. |
| Omnes Capital | Selling Company | Companies | Private equity firm that invested in ILOS through its Capenergie 4 fund and is exiting the investment. |
| Michael Winter | Co-Founder | People | Co-founder of ILOS Projects leading its development since 2018. |
| Nikolaus Krane | Co-Founder | People | Co-founder of ILOS Projects involved in shaping its growth strategy. |