EFG Hermes-backed Vortex Energy to invest $724m in Ignis Energy.

Private equity firm EFG Hermes-backed Vortex Energy, agreed to invest $724m in Ignis Energy, a renewable energy company. “In Vortex Energy, we have identified a great partner that is aligned with our vision and committed to maximizing Ignis’ potential. The Ignis management team looks forward to working with Vortex Energy in this next stage of growth and transformation," Antonio Sieira, Ignis Energy Founder and CEO.