Aviva Investors to acquire a 35% stake in Innovo Renewables.

Aviva Investors, a global asset management company, agreed to acquire a 35% stake in Innovo Renewables, a renewable energy platform. Financial terms were not disclosed. “The investment of Aviva Investors less than 1.5 years from Innovo Renewables’ foundation represents another milestone on our growth path. We are very proud that one of the leading managers of real assets investments has chosen to invest into our company, trusting our capacity to implement projects that support the ongoing energy transition. The deal with Aviva Investors confirms the market attractiveness of Innovo, following the announcement in December 2022 of Iberdrola Renovables joining our subsidiary company, iCube, for the development of renewable energy projects in Italy,” Rodolfo Bigolin, Innovo Renewables CEO.