IPEM Cannes 2024 – The Daily Spin – January, 25th
The shifting role of LPs was the overarching theme for the morning session of Day 2, at the 10th edition of IPEM in Cannes. After a full day of yoga,…
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The alternatives division of AXA IM has swept into Portugal to acquire a 25% stake in Finerge, a renewable energy platform, from Igneo Infrastructure Partners. Watt a team this could be. AXA IM is in its element with this strategic investment. It perfectly aligns with the firm’s strategy of investing in decarbonization-focused assets, and underscores the importance of infrastructure investment as Europe transitions to a net zero economy. The Finerge platform invests in, and operates, a series of wind farms and solar cell plants across Portugal and Spain. The winds of change are growing in strength, so expect to see more investment managers acquiring energy transition assets over the coming years.
