aream who not only understands and masters the project development business well, but also thinks from a financing perspective will be responsible for the development of the PV projects. The financing partner is Eiffel Transition Infrastructure, an investment fund managed by Eiffel with a capacity of more than 200 million eur, for which Aream Solar Ventures is the 6th investment in Europe.
The joint venture plans to develop more than 500 MWp of photovoltaic projects in Germany in the coming years. These include both traditional open space developments and agri-PV systems in Mecklenburg-Western Pomerania, Saxony-Anhalt, and Brandenburg. The individual development phases are expected to take between 18 and 36 months.
About the aream Group
aream Group, founded in 2005, is an investment and asset manager for institutional investors and industrial clients with a focus on sustainable infrastructure in the renewable energy sector. With its three divisions Fund and Asset Management, Project Development and Operation Management, aream covers the entire value chain for renewable energy investments. With a transaction volume of more than 2.5 billion euros, aream is one of the leading asset managers in this market, and its own portfolio of plants generates around 40 million euros worth of green electricity per year. Since 2008, aream has produced more than one billion kWh of green electricity. As part of the growth strategy, several solar and wind parks are to be realized or acquired in the coming years. Through its own project development alone, aream currently has a long development pipeline with great potential. Further information: www.aream.de.