Aukera will acquire a portfolio of solar PV projects under development across Germany with an initial 1000MW 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.
“The agreement with securenergy for 1000MW solar PV projects marks another step in our commitment to contribute to the energy security in Europe via sustainable renewable energy,” said Aukera co-founder Pascal Emsens.
“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 added: “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”.