Aukera signs a joint development agreement with securenergy for a solar PV portfolio acquisition of up to 1,000 MW

Aukera BV to acquire a solar PV portfolio of projects under development across Germany with up to 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 1,000 MW 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 a renewable energy platform looking to grow into an Independent Power Producer with a solar wind and storage pipeline in excess of 4 GW across UK, Germany, Italy, and Romania. The company was founded by Pascal Emsens and Catalin Breaban, who were previously managing directors at Carlyle. Aukera is backed by Brussels-based AtlasInvest, a leading energy investor controlled by Marcel van Poecke.