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The Akuo Group and Lendosphere announce that AkuoCoop, independent French renewable energy producer Akuo Group’s crowdfunding subsidiary, is linking up with Lendosphere, the crowdfunding experts dedicated to the energy transition.

The Akuo Group is giving AkuoCoop the means to achieve its international ambition by entrusting the crowdfunding of its projects to Lendosphere. The renewable energy developer and producer is thus reasserting its commitment to this financing model, which enables local players to get involved in projects and benefit from their local energy in two respects: green electricity and profitable investment. This decision comprises the divestment of AkuoCoop to Lendosphere and the creation of a web portal, AkuoCoop by Lendosphere, devoted to investors in the Akuo Group’s projects. 

This operation opens up new avenues of financing for the Akuo Group’s international projects, thereby offering its traditional investor base a broader range of investment opportunities. For Lendosphere, a subsidiary of the 123 IM group since 2021, this acquisition takes place within a context of strong growth and an international deployment strategy governed by a recent regulatory development allowing it to open up to green infrastructure projects in Europe.

This acquisition will not affect ongoing investments or upcoming reimbursements for AkuoCoop investors, and will enable them to continue benefiting from an interface devoted to monitoring their investments, via the AkuoCoop by Lendosphere portal hosted by Lendosphere.

Eric Scotto, Chairman and co-founder of Akuo, says: “Akuo was one of the first players to become involved in the crowdfunding of the energy transition, setting up our own platform in 2017. With this alliance, we are giving new impetus to the AkuoCoop brand that will make it possible to strengthen the participative aspect of our projects, including overseas. Renewable energies are local by their very nature, and we are eager for citizens to be able to continue investing in and benefiting from our projects in their local regions”.

Laure Verhaeghe, co-founder and CEO of Lendosphere, adds: “It is a great honor for Lendosphere to be entrusted with AkuoCoop’s future, in close collaboration with the Akuo team, to continue financing the Akuo Group’s projects in France and abroad. We are pleased to welcome AkuoCoop’s investors, who will further consolidate our community of private investors and establish a strengthened partnership offering wonderful shared development prospects. This operation will help establish crowdfunding as a lever for making investment in the energy transition more accessible”.

Xavier Anthonioz, Chairman of the 123 IM Group, concludes: “I would like to thank Eric Scotto for his confidence in our ability to write AkuoCoop’s next chapter with the Akuo Group. This acquisition and our partnership with the Akuo Group will consolidate our growth and our European development prospects in the renewable infrastructure sector”.

 

PRESS CONTACTS

For the Akuo Group
Mila Averlant, Communication Manager 
averlant@akuoenergy.com / +33 (0)6 10 83 36 13

For Lendosphere
Virginie Hourdin-Brémond, Communication Manager 
virginie.hourdin-bremond@lendosphere.com / +33 (0)6 12 54 51 45

For the 123 IM Group
Franck Duquenoy, Communication and Brand Manager
duquenoy@123-im.com / +33 (0)7 56 27 26 05