Aksiom Services acquires Anesco, highlights ‘potential to scale rapidly in the UK and elsewhere in Europe’

Anesco has been acquired by Aksiom Services Group, a partnership between Ara Partners and the Aksiom Group, for an undisclosed sum.
The transaction will see principal shareholder and funder Alcentra exiting Anesco’s shareholder base after six years.
Aksiom is a group of companies providing technical and commercial services to the European infrastructure market. Ara Partners is a US-based private equity firm focused on industrial decarbonisation. In April 2021 the partnership acquired Stockton-on-Tees-based px Group, which provides integrated infrastructure solutions.
Anesco manages the development, design, construction, maintenance and market optimisation of renewable energy and energy efficiency projects. It has developed and constructed more than 115 solar farms and energy storage facilities and its operations and maintenance service has around 1.2GW of renewable assets under management.
Mark Futyan, who joined Anesco in February 2020 as chief executive, will continue to lead the company. He said, “This is a pivotal moment for Anesco, as we gear up to deliver the next wave of large scale, subsidy-free solar and energy storage capacity.
“Aksiom and Ara are ideal partners for Anesco, due to their strong focus on the services business model and commitment to supporting the net zero energy transition. We look forward to working with our new investors, to accelerate Anesco’s growth in both our core business areas and by entering new markets.”
Luis Pais Correia, co-founder of Aksiom Group, said: “Anesco has developed and proven a unique and high value-added commercial strategy within the UK renewables market. It has significant further potential to scale rapidly in the UK and elsewhere in Europe. They are an ideal partner for Aksiom Services Group, and we look forward to working closely with Mark and the entire Anesco team in the continued development and growth of the company.”
Charles Cherington, co-founder and managing partner of Ara Partners, said: “Our focus is on accelerating decarbonisation by investing in and building ambitious companies, which have energy efficiency and sustainability at their heart. We look forward to working with the team at Anesco, to foster growth and advance the green agenda.”

Further reading
Anesco wins approval for 50MW solar farm near Skegness
Anesco and Gresham House join forces for £100M solar farm rollout
INTERVIEW: Mark Futyan, Anesco