Aukera Signs a Joint Development Agreement with Securenergy for a solar photovoltaic (PV) portfolio acquisition of 1,000 MW in Germany
/BRUSSELS, September 30, 2022, 10:00 BST, Aukera/ Aukera BV to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from securenergy solutions AG. securenergy will be responsible for the development of the projects, which Aukera intends to build, own, and operate as part of its strategy. The agreement has been structured as a Joint Venture. Aukera is seeking to expand its presence in Germany and aims to consolidate its position in the renewable energy sector, across solar PV, onshore wind, and storage, with further acquisitions..
Pascal Emsens, Co-Founder at Aukera said “The agreement with securenergy for 1,000MW Solar PV projects marks another step in our commitment to contribute to the energy security in Europe via sustainable renewable energy. It also highlights the importance of the German renewable market for our growth strategy. We aim to expand our presence and pipeline in Germany”.
Karsten Becker, Co-Founder of securenergy solutions AG mentioned “I want to thank all the involved parties for the achievement of this important milestone. We are delighted to have completed this successful transaction with Aukera, who is an experienced partner in the field. It marks a key milestone to consolidate our position in the German market. We aim to contribute, by means of this investment, to the economic growth and social development of the local communities where the projects are located”.
Akereos Capital acted as exclusive M&A advisor to Aukera, with Watson Farley & Williams acting as legal advisor and PI Berlin as technical advisors. Securenergy engaged Buse as legal advisors.
About Aukera
Aukera is backed by AtlasInvest, a leading private investor focusing on the energy sector. The firm specialises in renewable investments and development in Europe, from early-stage development and co-development to acquiring ready-to-build projects and constructing the projects ourselves. We have a steadfast commitment to local communities.
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