Omnes Announces Full Exit from ILOS, Transferring Stake to AXA IM

image from Omnes

AXA IM Alts has agreed to acquire a 60% stake in ILOS Projects, a pan-European independent power producer (IPP), from its founders (ILOS New Energy) and Omnes Capital. The transaction, expected to close by the end of H1 2025, marks Omnes' full exit and a new chapter of growth for ILOS.

Founded in 2018 by Michael Winter and Nikolaus Krane, ILOS has grown from a solar project developer into an integrated IPP with a ~5 GWp pipeline across seven European countries. Backed by Omnes since 2020 through its Capenergie 4 fund, ILOS is now positioned to scale further with the strategic and financial support of AXA IM Alts.

AXA IM Alts, managing €186 billion in assets, identified ILOS as a high-potential platform aligned with its strategy to invest in sustainable infrastructure and support the energy transition. The investment reflects AXA’s commitment to enabling a net-zero future and building resilient, low-carbon energy assets.

The ILOS management team will continue to lead the company’s development and market expansion efforts. With strong local teams and a focused pipeline, ILOS aims to retain and operate the majority of its upcoming solar and renewable energy projects.

This partnership brings together ILOS’ on-the-ground expertise and AXA IM Alts’ platform-building capabilities—driving the next phase of growth as ILOS works toward becoming one of Europe’s leading renewable IPPs by 2030.