NOVVA Group Secures 3.17 GW Renewable Energy Portfolio from ABO Energy

NOVVA Group, an AI Infrastructure Platform, announced a significant acquisition of a 3.17 GW renewable energy portfolio from ABO Energy, a German developer. This landmark acquisition took place in Paris and includes projects in Argentina. The deal, signed by NOVVA's CEO Steven Liu and ABO Energy's Managing Director Dr. Karsten Schlageter, builds on previous successes including solar projects in Colombia.

This acquisition significantly enhances NOVVA's energy capabilities in Latin America, aligning with its strategy to become a leading player in renewable energy for AI infrastructures. NOVVA, which operates as an energy investment bank, aims to provide clean power to data centers worldwide. This move positions NOVVA as a fast-scaling infrastructure player in the AI sector, as global energy demands evolve.