Mizuho to acquire leading independent European financial advisory firm in the renewable energy and energy transition sector, Augusta & Co

July 25, 2025
  • Augusta & Co to act as renewables advisory arm for Mizuho in EMEA
  • Augusta & Co brand, network, leadership and team to remain in place
  • The acquisition strengthens Mizuho’s renewables advisory capabilities and energy transition credentials globally
  • Acquisition accelerates Mizuho’s efforts to enhance its renewables product offering and increase growth opportunities in the region and beyond

Tokyo and London, Friday, 25 July: Mizuho Financial Group, Inc. and Augusta & Co Limited, today announces that Mizuho has agreed to acquire Augusta & Co Limited, a leading independent specialist financial advisory firm serving the Renewable Energy and Energy Transition sectors.

Mizuho will acquire 100% of the equity shares in Augusta & Co, including employees of the advisory business. The Augusta & Co. brand will be maintained, and the existing leadership will remain in place. Augusta & Co’s Asset Management business is not part of the transaction.

Through this strategic transaction, Mizuho will further strengthen its M&A advisory platform and energy transition credentials in the region and beyond, offering specialised renewable and transition advisory services to clients, leveraging the expertise of Augusta & Co as a leader in this field.

Following the completion of the transaction, Augusta & Co will complement the existing global M&A advisory services provided elsewhere within the Mizuho group.

Commenting on the announcement, Yutaka Nanjo, Head of Global Investment Banking, Mizuho Securities said: "We are delighted to announce our planned acquisition of Augusta & Co, which marks an exciting step forward in our strategy to support our clients’ transition towards a low-carbon economy. Augusta & Co is a leading name in renewable advisory services with extensive relationships with renewables investors. Through this transaction we are combining their specialist expertise with our global reach, client base and product offering. This is in addition to our well established and successful global M&A platform as a result of our acquisition of Greenhill in 2023."

Yasuhiko Ushikubo, Chief Sustainability Officer, Mizuho Financial Group added: "We are thrilled to announce the planned acquisition of Augusta & Co. Mizuho Financial Group is deeply committed to supporting our clients' energy transition journey by creating new opportunities in the renewable energy sector. Today's announcement is fully aligned with our Group's sustainability strategy and targets."

President & CEO of Mizuho International plc, and Head of the Corporate and Investment Bank in EMEA, Suneel Bakhshi, also commented: “We are delighted to welcome the talented team at Augusta & Co to Mizuho Financial Group. They provide a full suite of financial advisory services for a wide range of renewable technologies that will enhance our capabilities in the sector. This strengthens our position to become a leading financial institution in sustainable finance and reinforces our dedication to deliver long-term value for our clients and the communities in which we operate.”

Managing Partners of Augusta & Co, Mortimer Menzel and James Knight, commented: “We are proud to have built Augusta over the last 23 years from small beginnings into a leading independent European financial advisor in renewables and energy transition, with a reputation for rigorous client focus, and closing complex, structured deals. Together with our partners Simon Clement-Davies, Charlie Hodges and Romane Guitard and the wider team, we are now taking Augusta to the next level. By combining Augusta's leading sector expertise with Mizuho’s global reach, deep energy financing and capital markets strengths, along with a shared vision of a sustainable future; we are excited to embark on the next stage of our growth. As transactions in the renewables sector become more sophisticated and global, they also require more specialist, bespoke advice supported by a wider product base - which will be core to our business model."

The transaction is expected to close by October 2025 and is subject to regulatory approvals.

ENDS

About Mizuho EMEA

As part of a global financial institution with deep roots in Japan, Mizuho EMEA provides corporates and institutions in the region with access to global capital markets and unparallelled expertise in Japan and Asia. Headquartered in London and with a strong presence throughout the region, we support leading corporations, financial institutions and state-owned entities with their corporate and investment banking, and asset management needs. Mizuho is deeply committed to serving clients, enabling our people to flourish, and helping to improve society and communities where we do business.

Mizuho’s presence in EMEA is an integral part of the Japan-based Mizuho Financial Group, Inc. Mizuho Financial Group is one of the largest financial institutions in the world, offering comprehensive financial and strategic services through its subsidiaries. The group has over 900 offices and 60,000 employees worldwide in nearly 40 countries throughout the Americas, EMEA, and Asia. As of 31 March 2025, its total assets were US$2 trillion.

About Augusta & Co

Augusta has built a leading position in Europe as financial advisors to the renewable energy industry and has been at the forefront of innovation in renewables M&A for over two decades as an independent firm. With the exceptional relationships it has built with multiple repeat clients and renewable energy investors, A&Co is a highly trusted advisory brand in this sector.

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