Additional projects and technical expertise should further advance Saxovent Renewables’ position as a full-liner in the renewable energy market

Berlin, June 3rd, 2025 – Saxovent Renewables, part of the independent Berlin-based investment company Saxovent, has acquired significant operational parts of the former Fellensiek Group as part of a joint asset deal. The deal includes three rooftop solar portfolios with a total capacity of 13.6 megawatt peak (MWp) – enough to supply around 4,000 households with green electricity every year – as well as the takeover of a large part of the associated project team.

The takeover not only strengthens the Saxovent Group’s presence in northern Germany, but also significantly expands its own rooftop solar portfolio.

• Saxovent Group strengthens its position in the northern German market – and expands its rooftop solar portfolio
• Acquisition includes three portfolios and takeover of a large part of the project team – Expansion of activities in the field of renewable energies will be consistently continued.
• Part of Saxovent Renewables’ strategic growth agenda – the aim is to make a scalable contribution to the energy transition through integrated project development.

Saxovent brings over 25 years of experience in the development of renewable energies – at a time when many are just entering the market. With a focus on medium-sized investments and a growing wind and solar portfolio, the company is pursuing concrete solutions for the energy and climate crisis. In view of the growing need for security of supply, decentralised infrastructure and CO₂ savings, Saxovent is working on concrete solutions with long-term projects.

With its subsidiary Saxovent Renewables, the Berlin-based investment company is not only active as a project developer, but also as an investor and long-term partner for sustainable business models in the energy market. The latest acquisition is part of a clear growth strategy: it is an example of the necessary acceleration in the expansion of renewable energies – not only as a corporate goal, but also as a social responsibility. The aim is to further scale the contribution to the energy transition – technologically, geographically and operationally.

GLS Bank is supporting the financial side of the transaction.

Photovoltaic project developer Fellensiek had been forced to file for insolvency in September 2024. The transaction was carried out as part of the Fellensiek Group’s insolvency proceedings under the lead management of PLUTA Rechtsanwalts GmbH. The sales process was managed by the consulting firm GO & Company GmbH, Frankfurt, which specialises in corporate succession.

Saxovent invests together with Vireo Ventures, FJ Labs and IBB Ventures in German reorganisation start-up

Berlin, February 21st, 2025 – Deutsche Sanierungsberatung (DSB), a nationwide energy consultancy and marketplace for refurbishment measures, has secured 3.6 million euros as part of a seed financing round. The investment round was led by Vireo Ventures from Berlin.

DSB was founded in 2024 by three former Enpal employees and advises and supports homeowners in the complete refurbishment of their property. It is based on a digital platform that can be used to plan extensive refurbishment measures, from insulation to solar panels. The company intends to use the fresh capital to further expand its platform, further automate services and grow faster.

The aim of the company is to make energy-efficient refurbishment using PV systems, heat pumps, insulation or window replacement as simple, affordable and transparent as possible. It wants to establish itself as a nationwide central partner that brings single-family homeowners and local tradespeople together.

Saxovent is expanding its portfolio through a strategic investment in a sustainable rooftop PV system for industry and commerce.

Berlin, January 29th, 2025 – Saxovent Smart Eco Investments GmbH has announced its latest investment at the start of the year, with a clear investment focus on renewable energies. The Berlin-based investment company is investing 500,000 euros in hellgrün energie GmbH. The company, which has offices in Cologne and Berlin, has successfully completed its seed round.

Saxovent is a company that facilitates the development of clean energy supply and technological innovations for a climate-friendly future through its investments in start-ups and medium-sized companies. Saxovent boasts extensive connections within the energy industry and a proven track record in identifying and securing sites for renewable energy projects. This includes the rooftop PV sector. They now have hellgrün as a partner to help realise such projects.

Investments in medium-sized companies in the field of clean energy supply are moving into the investment focus

Berlin, 25. July 2024 – The Saxovent Smart Eco Investments GmbH announces that they focus more strongly on its core business in the field of renewable energies. As part of a comprehensive consolidation, the company has decided to discontinue its project development activities in the real estate sector, but will continue to invest in exciting projects in its role as an impact investor.

Saxovent sees itself as a company that enables, validates and manages clean energy supply and technological innovations for a climate-friendly future through its investments in medium-sized companies. This core expertise is now being increasingly focussed on the renewable energy sector.

HANSAINVEST Real Assets finances wind farm portfolio in Germany and first time in France

Berlin, 18. october 2023 – HANSAINVEST Real Assets is expanding its financial commitment in the field of renewable energies and is investing up to €70 million in a portfolio of 10 planned wind farms in Germany and, for the first time, in France. The mezzanine capital is channelled through subordinated loans and profit participation certificates. The Berlin-based Saxovent Group will use the funds together with its French participation H2air for the development of further wind– and solar parks as well as for rooftop systems. The mezzanine financing has a term of up to 22 years. The total output of the financed plants in Germany and France amounts to around 183 megawatts (MW).

HANSAINVEST Real Assets was advised on this transaction by fieldfisher (teams in Munich and Paris), Baker Tilly and TÜV Süd. esmera acted as exclusive financial advisor to the Saxovent Group.

Joint investments for the expansion of renewable energy projects in the USA

Berlin, July 10, 2023 – Saxovent and Ironwood Renewables, two leading companies in the renewable energy sector, have expanded their long-standing collaboration through their joint venture Ironwood Projects. The contracts for the expansion of the cooperation were signed during a joint offsite meeting in the Black Forest biosphere reserve.

As part of this new agreement, Saxovent will provide millions of euros in further investment for project development over the next five years. The primary goal is to expand Ironwood Renewables’ community solar and utility-scale portfolio from the current 300 MW to 1000 MW. Projects are already being planned in the states of Massachusetts, Pennsylvania, Virginia and Colorado. In addition, further states such as Illinois and California are to be added to the portfolio in the near future.

Ironwood Renewables and Saxovent are confident that the expanded cooperation will help to drive forward the energy transition and make a significant contribution to reducing carbon emissions. The joint venture Ironwood Projects will develop durable and sustainable solutions to meet the growing demand for clean energy in the coming years.