Vortex Energy Invests c. €222m into Ignis as it Reaches a Milestone of more than 1 GW of Ready-to-Build Solar Portfolio

The investment is part of a series of capital increases done by Ignis and funded by Vortex Energy IV and its co-investors to support transforming into a 20GW renewable energy platform

Madrid, June 7, 2022

Vortex Energy, a leading renewables-focused investment vehicle in Europe, managed by the private equity arm of EFG Hermes, has announced today that it invested to-date in Ignis c. €222m of equity capital, consequently fulfilling its terms of its partnership with Ignis that it initiated last year.

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