- Nozomi Energy was established as a Japan-specific renewable energy platform with the goal of generating 1.1GW of electricity by 2027.
- Nozomi makes first investment in Helgo Japan Energy to supply onshore wind and solar power
London, Tokyo, May 9, 2023: Actis, a global investor in sustainable infrastructure, has launched Nozomi Energy, a new US$500 million renewable platform focused on Japan. Nozomi aims to generate 1.1GW of onshore wind and solar power by 2027. The investment comes from his fifth and latest energy infrastructure fund in Actis, and represents his $6 billion in investable capital.
Actis has hired a dedicated management team to run Nozomi and execute its buy-and-build strategy. The team is led by an experienced energy expert with nearly 20 years of experience in the renewable energy sector (including over 11 years in Japan), most recently as President and CEO of Hinode Energy. José Antonio Milan Ruano, who previously worked at Univergy Solar.
Actis has signed its first investment and seed assets in Nozomi from Infrastructure SpA, a leading internationally active renewable energy developer and IPP led by Pier Francesco Limbotti, subject to customary closing conditions. Acquired 100% stock of Helgo Japan Energy Corporation.
Hergo Japan Energy has a portfolio of operating and development stage solar and onshore wind projects totaling approximately 230MW, as well as a significant pipeline of early stage projects. Minoru Saito, CEO of Helgo Japan Energy, will remain on the new platform as Nozomi's Vice Chairman and Head of Wind.
Actis' deployment of renewable energy technologies in Japan and North Asia will be a key enabler of the region's energy transition, supporting the transition to a low-carbon economy and helping to meet Japan's national climate goals. Become. Leveraging Actis' experience as a builder and operator of large-scale sustainable energy infrastructure projects, Nozomi will support Japan's commitment to reduce greenhouse gas emissions by 46% from 2013 levels by 2030. To support this, we will focus on providing onshore wind and solar power.
Actis will define and measure positive outcomes at Nozomi using a proprietary measurement framework, the Actis Impact Score™, and identify decarbonization opportunities using Actis' transition tools . There will also be a focus on creating new local jobs and supporting regional investment to ensure a significant positive impact on society over the life of the investment.
In March 2022, Actis announced that it had expanded its footprint in Asia with the opening of a new office in Japan and key senior hires Jun Ohashi and Tarek Sirhan.
