AtlasInvest-backed Aukera to snap up 1-GW solar portfolio in Germany
Solar panels. Featured Image: pornvit_v/Shutterstock.com
October 3 (Renewables Now) - Aukera Energy, a renewable energy investment platform of energy investor AtlasInvest, will acquire a roughly 1-GW portfolio of solar projects in Germany from Berlin-based Securenergy Solutions AG.
The target portfolio consists of photovoltaic (PV) schemes that are currently under development. Spread across various parts of the country, the projects have an initial capacity of 1 GW in total, the buyer said on Friday.
As part of the transaction, structured as a joint venture, Securenergy will take care of developing the portfolio, while Aukera will be its owner and will handle the construction and operation of the plants.
The deal supports Aukera’s efforts to enhance its foothold in the German market and strengthen its position in the renewable energy market. Commenting on the arrangement, the company’s co-founder Pascal Emsens said highlighted the importance of the German renewable market for Aukera’s growth strategy. “We aim to expand our presence and pipeline in Germany,” he added.
With head offices in Brussels and London, Aukera was established in 2011 to invest in solar, onshore wind, storage, and other “high-impact” energy transition projects. The platform’s goal is to deliver 2.7 GW of renewable energy projects across Europe by the end of 2022.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.