The acquisition of the PV plants with a total nominal capacity of around 1.7 MWp was carried out as part of a complex transaction and by way of two share purchases.

    The seller of the PV portfolio is CIC Erneuerbare Energien GmbH, an internationally active full-service provider in the field of renewable energies based in Regensburg. The total value of the transaction exceeds € 3 million.

    The rooftop PV plants are located in Bavaria. The PV portfolio is expected to produce over 1,500 MWh annually. With the acquisition, SolarKapital group increases its managed plant capacity to around 6 MWp in Germany and around 12 MWp across Europe.

    About SolarKapital

    SolarKapital ("SK"), founded in 2010 and based in Frankfurt am Main, is an investment company that focuses exclusively on investments in the solar industry. SK invests capital and entrepreneurial know-how in companies as well as in existing and new PV projects. The portfolio currently includes PV plants in Germany, Greece and France, where SK acts as asset manager/IPP, as well as a 100% stake in ENcome Energy Performance GmbH ("ENcome"), a provider of operations & maintenance services for PV plants.

    SK offers a unique combination of international solar, finance, transaction and management expertise coupled with integrity, reliability and solidity. SK's extensive experience in private equity, corporate finance, mid-market and renewable energy makes it the partner of choice for companies in the solar industry.

    Contact:

    SolarKapital GmbH

    Rennbahnstr. 72-74

    60528 Frankfurt/Main

    www.solarkapital.com