NOVVA Group Acquires ABO Energy's Renewable Portfolio of 3.17 GW in Argentina
The NOVVA Group has signed an agreement to acquire a significant renewable energy portfolio with a capacity of 3.17 gigawatts (GW) from German developer ABO Energy, located in Argentina. This acquisition marks another step forward for Novva as it expands its presence across Latin America and strengthens its global clean energy infrastructure base. The deal follows the successful acquisition earlier this year of three solar projects in Colombia also developed by ABO Energy. Steven Liu, CEO of NOVVA Group, emphasized that securing this portfolio is a critical milestone in their strategy to become one of the leading platforms for renewable energy and AI-driven infrastructure globally. The transaction aligns with Novva's mission as an investment bank focused on financing clean energy solutions tailored specifically for next-generation data centers. ABO Energy’s Managing Director Dr. Karsten Schlageter expressed satisfaction with continuing this successful partnership, highlighting its strategic alignment with ABO Energy’s focus on key markets and long-term development goals.
Topics: acquisition AI infrastructure Latin America expansion renewable energy