Koehler and CMB Energy launch KB Renewables to target 1GW wind by 2030
Koehler Renewable Energy and CMB Energy formalise a joint venture to develop, operate and acquire wind farms targeting one gigawatt of installed capacity by 2030, with potential expansion into solar and storage.
| Sectors | Wind Energy, Onshore |
|---|---|
| Themes | Industry & Execution, Innovation & Transformation, Corporate Strategy |
| Countries | Denmark |
Koehler Renewable Energy, a German company active in renewable energy, and Denmark’s CMB Energy have announced the creation of a joint venture called KB Renewables, aiming to develop and operate wind projects to build a portfolio of one gigawatt (GW) of installed capacity by 2030. Koehler Renewable Energy owns 80% of the new entity, while CMB Energy holds 20%. The company was legally established in April.
A strategy focused on expansion
KB Renewables plans to construct its own wind sites while acquiring operational or in-development assets. The approach favours long-term park management, combining value creation through new developments and targeted acquisitions. The joint venture’s leaders also indicate that future expansions could include solar energy and battery storage.
The management of KB Renewables is led by Dr Claus M. Brodersen, founder of CMB Energy, now acting as managing director. Nicolas Christoph, director of wind, solar, hydro and business development at Koehler, co-manages the company.
Supply models for Koehler Group
The joint venture intends to supply Koehler Group’s industrial activities with electricity through Power Purchase Agreements (PPA) and direct supply models. These agreements will enable the group to secure its electricity supply while stabilising costs in the long term. This approach aligns with a strategy to strengthen the energy supply chain and enhance the group’s autonomy.
According to Nicolas Christoph, the goal is to “deliver solid, profitable wind projects that make a tangible contribution to energy security and decarbonisation across Koehler Group’s operations.” KB Renewables’ model relies on the financial resources and strategic expertise of its shareholders to accelerate capacity growth.
The new joint venture is set to acquire both existing projects and develop new assets depending on market opportunities. KB Renewables’ strategy places emphasis on building a diversified and sustainable portfolio, while exploring new complementary segments within the renewable energy sector.
