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Capcora Supports Seller as M&A Advisor: Stark Energie Sells Project Rights For PV Portfolio With More Than 100 MW in Germany to Greencells

Frankfurt am Main, Germany - The Greencells Group has acquired the project rights for an already well-developed solar portfolio in Germany with a total capacity of 127 MWp from the international project developer for solar plants Stark Energie.

The portfolio consists of three individual projects, which Stark Energie will develop to construction maturity. Frankfurt-based Capcora acted as exclusive M&A advisor to Stark Energie in this transaction.

Stark Energie, a project developer also known as Stark Energy in the UK, has been active in the renewable energy sector since 2019. The company has brought solar projects with a total capacity of over 1,000 MW (1 GW) to various stages of development and construction in the UK. In Germany, Stark Energie currently has projects with a capacity of 610 MW under development.

The acquisition represents a significant milestone for both companies and strengthens their position in the German PV market. Stark Energie will contribute its development expertise and the Greencells Group its extensive experience in the areas of EPC (Engineering, Procurement and Construction) and O&M (Operations & Maintenance) to the further cooperation.

"We are delighted to have identified Greencells as the ideal partner for our projects in Germany, building on our success in the UK to deliver high-quality results. This collaboration will focus on leveraging our combined expertise to advance our strategic objectives in Germany,” said Thomas Schindler, Director at Stark Energie.

The Greencells Group was founded in Saarbrücken in 2009 and has grown from a small assembly company to a leading global provider of EPC and O&M services in the solar energy sector with an installed capacity of over 3.0 GWp. The company leverages its technical expertise and strong financial partnerships to jointly develop projects for key players in the renewable energy industry.

“Alongside our established project development capabilities, partnering with Stark Energie enhances our strategy by enabling us to acquire advanced-stage projects. This dual approach strengthens our presence and accelerates our objectives in the German market”, says Greencell's CEO Andreas Hoffmann.

Stark Energie was advised on legal matters by Watson Farley & Williams. Capcora acted as M&A advisor to Stark Energie.



Source: IWR Online, 13 Jan 2025

 


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