Ardian to acquire UNITe from Société Générale Capital Partenaires.

Ardian, a private equity firm, agreed to acquire Unite, a company focused on low-carbon electricity generation through hydropower and solar developments, from Société Générale Capital Partenaires, a private equity firm. Financial terms were not disclosed. “Through ACEEF, Ardian’s mission is to offer investors the opportunity to grow their exposure to renewables and the energy transition, and to support the development of this important sector. UNITe is an exciting addition to Ardian’s portfolio. We are excited to partner with this historically family-run business and support the impressive management team in their ambitious growth plan.” Benjamin Kennedy, Ardian Managing Director Renewables Infrastructure.