Aream Group, a major player in the development of renewable energies, and Eiffel Investment Group created Aream Solar Ventures in April 2024. The joint venture’s mission is to develop a portfolio of solar and battery projects, mainly in Germany. Eiffel will finance the majority of future development costs and will own 49% of the portfolio. Markus W. Voigt, CEO of Aream, expressed his enthusiasm for this partnership with Eiffel, renowned for its extensive experience in financing renewable energy projects.
Financial Capacity and Partnership
Eiffel Transition Infrastructure, a fund managed by Eiffel with a capacity of over 200 million euros, will provide financial expertise to the joint venture. This is the fund’s sixth investment in Europe, reinforcing its commitment to renewable energies. Laurent Coubret, Investment Director at Eiffel, emphasizes that the combined strengths of Eiffel and Aream will make this joint venture a major success, giving the company a solid foothold in the German market.
Scope of photovoltaic projects
Aream Solar Ventures plans to develop over 500 MW of photovoltaic projects in various regions of Germany, including Mecklenburg-Vorpommern, Saxony-Anhalt and Brandenburg. These projects include outdoor installations and agri-PV systems. Individual development phases are expected to take 18 to 36 months, depending on local and regulatory conditions.
Aream Solar Ventures’ competitive edge
Aream Group has in-depth knowledge of project development and financing mechanisms. Thanks to its partnership with Eiffel, the joint venture will benefit from crucial financial support for these projects. Voigt, Aream’s CEO, sees the joint venture as a key step in their development portfolio, which continues to grow in the solar and battery fields.
Growing trend in solar energy
The German solar energy market continues to grow, pushing developers to find new ways to diversify their portfolios. Agri-PV systems, for example, offer the possibility of integrating solar installations into farmland, maximizing land use. This makes the Aream Solar Ventures joint venture well positioned to capitalize on this trend, drawing on strong technical and financial expertise.
Strengthening the Energy Transition
With this joint venture, Aream and Eiffel are focusing on the energy transition, helping Germany meet its renewable energy targets. The combined financial and technical capabilities will accelerate the completion of these projects, offering reliable and sustainable energy production.
Aream Solar Ventures marks an important step forward for the two partners, Aream and Eiffel, whose ambition is to make this joint venture a major player in the German solar market. By combining their technical expertise and financial capacity, they have all the keys needed to make this partnership a pillar in the development of renewable energies.
