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Actis Launches Japanese Renewables Platform Targeting 1.1 GW of Wind, Solar Energy

Actis has launched its Japan-focused renewables platform Nozomi Energy, which will create 1.1 GW of onshore wind and solar generation by 2027.

The $500 million investment is part of the London-based sustainable infrastructure investor’s latest $6 billion energy infrastructure fund.

The first investment for the buy-and-build platform will be the acquisition from Infrastrutture SpA of Hergo Japan Energy Corp., which has 230 MW of operating and development-stage solar and wind projects, and a pipeline of early-stage projects.

Nozomi will contribute to Japan’s goal of reducing greenhouse gas emissions by 46% by 2030 compared to 2013.

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