ENcome wins 40 MWp O&M tender

ENcome Energy Performance GmbH announces to have won a tender for the Operation & Maintenance (O&M) of four PV power plants with a total capacity of approx. 40 MWp in Germany, owned by Luxembourg special fund Solar Infrastructure I, which is a sub-fund to FP Lux Investments S.A. SICAV-SIF. The tender was arranged by the internationally active M&A advisor and asset manager re:cap global investors ag, who is in charge of both transaction as well as asset management on behalf of the fund. The joint portfolio of re:cap and ENcome thus grows to over an 83 MWp capacity. The realization of further projects is already planned.

“With ENcome we have found a long-term reliable partner with a business model, expertise and capable workforce that perfectly fits re:cap.” says Thomas Staudinger, Managing Director at re:cap global investors ag.

Burkhard Söhngen, Managing Director of ENcome adds: “We are very pleased that re:cap has authorized us for the O&M service of further PV power plants. This underscores our great cooperation with re:cap so far and confirms our strategic setup with a clear focus on technical services for PV.”

re:cap is the exclusive asset manager of Luxembourg based specialized Investment F und FP Lux Investments, which has realized infrastructure investments in wind and solar power plants with a nominal capacity of approx. 560 MW and an investment volume exceeding 1 billion EUR so far. After a project acquisition phase that initially focused on the German market, the portfolio has been diversified across Europe, and thrives re:cap further to expand the portfolio in the upcoming years.

The European PV market is currently undergoing a strong consolidation phase. As a consequence of its consistent strategic approach, ENcome has succeeded to establish itself as the leading independent service provider with a total portfolio of more than 1 GW assets under management. The company intends to further grow organically as well as via strategic partnerships and acquisitions. Moreover, ENcome is well positioned in Australia in the segments of Operations & Maintenance and Engineering & Advisory. ENcome’ s focus on technical services for the PV industry alongside its high-quality standards in addition to its efficient management of its assets under management grant the success of the company. This has been the basis for the close cooperation with re:cap, and the joint aim of both companies is to realize further joint projects in the future.

 

About re:cap global investors ag:

re:cap global investors is an independent, internationally-oriented M&A advisor and asset manager for renewable energies. With a specialist team consisting largely of solar and wind energy experts, it provides clients with services geared to the evaluation and selection of suitable projects. Where necessary, re:cap also acts as asset manager for the facilities, reviewing them regularly for potential process and revenue optimisation. As a boutique firm, re:cap offers first-class, high-end advice to institutional investors looking to invest in infrastructure projects in the renewable energy sector. On behalf of its clients, the consultant has already recommended and acquired over 560 megawatts of capacity from projects delivering a total capacity of 8,000 megawatts.

For further information www.re-cap.ch

Press Information: Fabienne Fahrenholtz redRobin. Strategic Public Relations GmbH. Virchowstraße 65b. 22767 Hamburg Tel: 040.692 123-25. Mail: fahrenholtz@red-robin.de Web: www.red-robin.de

 

About ENcome:

The ENcome group is a pan-European leading and independent provider for the operation of photovoltaic power plants with focus on technical Operation and Maintenance (O&M), technical Asset Management (TAM), as well as Engineering & Advisory services. At present ENcome operates power plants with a nominal capacity of approx. one Gigawatt in all major European markets and Australia.

For further information www.en-come.com

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