A new development platform backed by energy investor AtlasInvest has revealed it plans to deliver 2700MW of renewables projects across Europe by the end of 2022.
The fully funded Aukera platform will focus initially on the UK, Italy, Germany, Romania and Poland.
The team has already secured more than 1GW of onshore wind and solar projects.
Aukera was launched by a team of renewable energy veterans who have already built several ventures with the backing of AtlasInvest.
Pascal Emsens, Aukera co-founder, said: “We are targeting returns in the long-term, but in doing so we are committed to deploying purpose-driven capital that will deliver tangible benefits for all parties and the environment.
“Our inventive and creative approach means we can help to identify, build, and operate projects that don’t always fit the typical mould, ensuring everyone can stand to benefit from renewable energy, and the many advantages it offers.”
Catalin Breaban, Aukera co-founder, said: “After a decade of investing with AtlasInvest, we have the track record and backing to make well-informed decisions rapidly, guided by our experience and the best practices of the investment process.
“Our priority is to continue building our diverse and exceptional team throughout Europe, and to bolster our pipeline of high-impact projects by building partnerships with developers, communities and landowners and adhering to the highest corporate governance and operational standards.”
Aukera has established an international presence with local teams in the UK, Italy, Poland, Romania, Germany, and Belgium, with a view of investing in projects at all stages of development, while targeting long-term ownership of operational assets.
The team is growing its central function in Brussels and London, as well as making a number of new hires in the market.
Further office openings and senior appointments are expected to be announced in early 2022.