Branicks Group AG Expands into Renewable Energy, Partners with Encavis Asset Management

Frankfurt, April 26, 2024 – Branicks Group AG announced today a strategic expansion of its business model to include renewable energy assets and a new partnership with Encavis Asset Management AG. Branicks, a leader in the real estate sector with a focus on sustainability, is introducing an independent asset class dedicated to renewables. This move is aimed at capitalizing on the growing demand for sustainable and profitable investment options in the solar and wind energy sectors across Germany and other European countries.

The initiative includes setting up a fund targeting a volume of EUR 300 million, which will launch soon. This collaboration leverages Encavis AM's solar and wind power expertise and Branicks' investment structuring acumen. Sonja Wärntges, CEO of Branicks, highlighted the urgency in accelerating the renewable energy expansion to meet Germany’s CO2-free energy targets. Both companies envisage this partnership as a driver for substantial investment opportunities within the renewable energy market, further enhancing Branicks’ business scope.

Branicks holds a strong position in ESG performance, with high ratings in sustainability indices, and is proficient in managing investments that meet strict environmental, social, and governance criteria. The addition of renewables as an asset category represents a significant diversification in its portfolio, underscoring its commitment to the energy transition and sustainability.