Norton Rose Fulbright advises Omnes Capital on sale of its stake in ILOS Projects to AXA IM Alts and the ILOS Founders on the future joint venture with AXA IM Alts

Global law firm Norton Rose Fulbright has successfully advised Omnes Capital, a European private equity investor dedicated to facilitating the energy transition, on a significant transaction involving the sale of a majority stake in ILOS Projects on behalf of Capenergie 4 to international infrastructure asset manager AXA IM Alts and the ILOS Founders on the future joint venture with AXA IM Alts.

ILOS Projects, headquartered in Karlsruhe, Germany, is an independent pan-European producer of renewable energy from photovoltaic plants. It has been a key player in the renewable energy sector, driving innovation and sustainability across Europe. ILOS develops and operates PV plants in the United Kingdom, Ireland, the Netherlands, Italy, Greece, Spain, and Germany. Omnes has backed ILOS since 2020.

This transaction marks a pivotal moment for the ILOS team as it continues to expand its reach and impact under the new majority ownership of AXA IM Alts. The involvement of a global leader in alternative investments like AXA IM Alts provides ILOS with substantial resources to further support and accelerate its growth.

Partner Dr. Klaus Bader, Partner and Head of Energy Europe, commented: "We are delighted to have advised Omnes on this transaction which underscores the growing importance of sustainable energy solutions and also highlights the strategic value of ILOS' innovative approach to renewable energy. We are especially proud to have been able to leverage on our in-depth experience in advising on disposals and acquisitions of renewable energy IPPs for the benefit of Omnes and facilitating the further development of its growing pipeline for the ILOS-team."

The Norton Rose Fulbright team was led by Partner Dr. Klaus Bader (corporate energy, Munich) and counsel Dr. Wenzel Richter (corporate energy, Munich). They were supported by associates Sebastian Eisenhut, Dr. Markus Beil, Tobias Grans (corporate energy, Munich), and Sebastian Sievers (corporate, Hamburg). The German NRF team also comprised Dirk Trautmann, Benedict Schiller, Matthias Zimmermann, Sebastian Jeschke (finance, Munich), Claudia Posluschny, Michaela Bachmeier, Roman Kalitsev (employment, Munich), Dr. Tim Schaper, Tobias Teichner (both competition and antitrust, Hamburg), Tiffany Zilliox (IP, Munich), Ingemar Kartheuser (IT, Hamburg), Hannes Lubitzsch (compliance, Frankfurt), Tankred Freiberger (real estate, Munich). The international NRF comprised Rob Marsh, Stephen Rigby, Sarah Fitzpatrick, Melusi Dlamini, Joshua Temkin, Charlie Winch, Thomas Milner, Tim Ikranov, Nick Howard, Sean Bruns, Charles Pinkerton, Carina Wentzel, Phil Yung Kim, Helen Finnis, (NRF UK); Arturo Sferuzza, Alessia Fatuzzo, Stephania Casini (NRF Italy); Daphne Broerse, Rick van der Laan, Maathijs van Leeuwen, Floortje Nagelkerke, Caarlo van Hasteren, Tamara Ubink, Leora Wit, Maaike Faase (NRF Amsterdam); Elena Tsouhou, Nikos Anagnostopoulos-Gioussas and Christina Korinthios (NRF Greece). 

A&L Goodbody, Dublin, advised on the Irish projects and J&A Garrigues, Madrid, advised on the Spanish projects.

About Omnes Capital

Omnes is a leading private equity firm dedicated to the energy transition. With over €6.3 bn in assets under management, our teams support long-term partnerships with entrepreneurs through our four core businesses: renewable energy, sustainable cities, deeptech and co-investment. For over 20 years, Omnes has been applying its expertise to help businesses grow in more than 15 countries, with a particular focus on sustainable development. As part of its approach as a responsible investor, the company has created the Omnes Foundation to support non-profit organisations working for children and young people in the fields of education, health, social and economic integration.  

Visit our website www.omnescapital.com
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About ILOS

ILOS is a European renewable energy company focused on the development of photovoltaic (PV) projects across seven European countries. Backed by Omnes Capital, which provided financing throughout both the development and construction phases, ILOS is actively building a robust pipeline of solar projects with the ambition of becoming a leading Independent Power Producer (IPP) in Europe’s core energy markets.
Committed to sustainable energy solutions, ILOS plays a crucial role in accelerating the energy transition by delivering clean, dependable solar power that supports Europe’s climate targets and energy independence.

Visit our website www.ilos-energy.com
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