ILOS New Energy and Omnes Capital have agreed to sell a 60 percent stake in ILOS Projects, their Pan-European renewable-energy independent power producer (IPP) platform, to AXA IM Alts.
ILOS New Energy and Omnes are selling the stake on behalf of their Capenergie 4 fund (Capenergie 4). For Omnes, this represents a full exit.
ILOS was founded in 2018 with a mission to become a leading renewable-energy platform in Europe. Omnes, a European private equity investor dedicated to the energy transition, has backed ILOS since 2020, through Capenergie 4.
Through this partnership, ILOS evolved from a pure-play developer into a fully integrated renewable-energy platform and IPP of significant scale. ILOS’ current pipeline includes approximately 5 gigawatts-peak of solar photovoltaic projects across seven European countries — all with strong growth prospects underpinned by renewables or carbon-reduction targets and attractive remuneration schemes. The company intends to