Große Elbstraße 59, 22767 Hamburg, Germany
Encavis is a leading German renewable energy investment management and asset management firm. The stock-listed firm was created by a merger of Capital Stage AG and CHOROS Clean Energy AG in 2017. The main focus of the Hamburg-based firm is the acquisition and management of solar parks and onshore wind parks in Europe.
The firm actively acquires new projects, for instance in the name of institutional investors‘ funds. Then, Encavis manages the renewable projects and sells the energy through power purchase agreements to utilities and companies. Another part of Encavis is the Technical Services division, that takes over the maintenance of plants. Almost 1 GW of plants are managed in this division of Encavis.
Hamburg-based renewable energy investor Encavis AG announced in late November 2022 that it is purchasing a 14MW PV solar project in Sweden through the company‘s partnership with solar developer Solgrid AS. Located in Västervik on the east coast of Sweden, this project is the second solar park that the company acquires through the partnership and is expected to be connected to the grid in the third quarter of 2023.
Picture source: Alexander Bagno