NOVVA Group acquires ABO Energy's historical renewable energy portfolio of 3.17 GW in Argentina
NOVVA Group has entered into an agreement to acquire a significant renewable energy portfolio totaling 3,17 gigawatts (GW) from German developer ABO Energy in Argentina. This acquisition marks NOVVA’s continued expansion in Latin America and follows its earlier purchase of three solar projects from the same company in Colombia this year. NOVVA operates as an integrated infrastructure platform focused on AI-driven industrial development, renewable energy, and data centers (IDC). The new portfolio will support clean power supply to next-generation data centers and other NOVVA-powered infrastructures globally. Steven Liu, CEO of Novva, emphasized the strategic importance of this move in strengthening its position as a leading regional player in renewable energy infrastructure. ABO Energy expressed satisfaction with continuing their successful collaboration with NOVVA. The deal underscores growing investment trends toward large-scale clean energy assets to meet rising global demand for sustainable power solutions driven by AI and digital transformation.
Topics: AI infrastructure infrastructure investment M&A renewable energy