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.
