Based in Chicago, Akuo USA develops, finances, builds and operates renewable energy projects in the United States in a particularly dynamic market (the proportion of renewable energy in the U.S. electricity mix is expected to increase from 21% in 2020 to 42% in 2050).
Since 2017, the US branch has 180 MW of wind power in operation located in New Mexico (Sterling 30 MW) and Texas (Rocksprings 150 MW).
In October 2021, the Bennington, Illinois wind power plant was commissioned. This 93 MW plant has a long-term Power Purchase Agreement (PPA) with Morgan Stanley. This contract provides a significant portion of the green electricity needed for Morgan Stanley to meet its objectives of generating 100% of its electricity needs from renewable sources and being carbon neutral by 2022.
The teams are also involved in the construction of the 336 MW Escalade wind project in Texas in partnership with the Taaleri SolarWind II fund, Ilmarinen and AIP Management.
Akuo is in charge of the project management assistance as well as the asset management of the project.
