Press release from July 7th, 2025

Saxovent Renewables opens new location in Hanover

Strengthening regional presence and expanding activities in the photovoltaic sector

Berlin, July 7th, 2025The Berlin-based renewable energy full-liner Saxovent Renewables is continuing its growth strategy and has opened a new location in Hanover. By expanding its regional presence, Saxovent is responding to the increasing importance of northern Germany for project development in the photovoltaic sector – particularly for rooftop and ground-mounted systems.

  • New location strengthens operational base in the north – focus on project development of PV systems
  • Strategic addition to the Berlin and Oldenburg sites – future-oriented expansion planned along the value chain
  • Establishment in the traditional Bahlsen building on Lister Platz – modern workplace for 15 employees

Hanover is a central hub for us within our strategic orientation. The city is conveniently located, offers access to important project regions and, as the economic centre of Lower Saxony, is ideally suited to consistently expanding our activities in the PV sector.

Thorsten Freise – CEO of Saxovent Renewables

In the new office on Lister Platz, housed in the modernised Bahlsen factory building, around 15 employees from the areas of project development and planning will work and contribute their expertise. In the medium term, the site is to be further expanded and developed into the leading development centre for photovoltaic projects within Saxovent Renewables. The location thus specifically complements the existing branches in Berlin and Oldenburg.

In addition to project development, several subsidiaries of the Saxovent Group are also represented in Hanover, enabling synergies and an interdisciplinary exchange on site. With the recent acquisition of the 13.6 MWp portfolio of the insolvent Fellensiek Group and the takeover of an experienced project team, Saxovent Renewables is not only further expanding its operational clout in the PV sector – Hanover also forms an important interface in terms of personnel for the successful integration of the new colleagues.

We are still looking for qualified employees, particularly in the areas of technical planning, commercial project management and the development of PV systems. At the same time, we would like to cooperate with local players – such as energy agencies, planning offices and universities – and drive forward the energy transition in a regional partnership.

Jan Steggewentz – Branch Manager Hanover
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Press release from June 3rd, 2025

Saxovent takes over 13.6 MWp portfolio of the insolvent Fellensiek Group

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

Berlin, June 3rd, 2025Saxovent 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.

With the successful acquisition of the Fellensiek Group’s rooftop solar portfolio, we are further expanding our activities in the field of renewable energies within Saxovent Renewables. Together with experienced employees from the existing team, we will continue and further develop the projects with commitment.

Thorsten Freise – COO of Saxovent

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.

Our special thanks go to Dr. Christian Kaufmann and his team at PLUTA and GO & Company, who guided us through the process in a professional and trustworthy manner.

Thorsten Freise – COO of Saxovent
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Press release from February 21st, 2025

Deutsche Sanierungsberatung (DSB) secures 3.6 million euros in seed round

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

Berlin, February 21st, 2025Deutsche 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.

A total of 16 million buildings in Germany need to be refurbished in order to achieve the energy class D prescribed by the EU by 2033. The hurdle to refurbishment is often a lack of trust in various providers – and this is exactly where we come in. As a neutral consultant and provider with local partners, we simplify the lives of millions of homeowners in order to reduce electricity and heating costs.

Sebastian Schmidt – Founder and CEO, DSB

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.

The energy-efficient refurbishment of residential buildings is a key lever for climate protection – and it must be as simple as possible for owners. This is precisely where Deutsche Sanierungsberatung comes in by creating transparency and removing barriers. Our focus is on supporting companies that are driving real change with innovative business models. The DSB brings the right players together and makes it easier for homeowners to access efficient and sustainable refurbishment.

Jesko von Viereck – Head of Corporate Development
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Press release from January 29th, 2025

Saxovent becomes a strategic partner of hellgrün energie

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.

This long-term strategic partnership underlines our goal of generating 100 MW of green electricity on commercial roofs by 2027. Saxovent’s many years of experience in the development and operation of renewable infrastructures and their networking within the industry will be one of the keys to success.

Lucas Josten – Founder & CEO of hellgrün

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.

We are particularly pleased about our partnership with hellgrün as an integrated provider for commercial solar projects. The all-in-one solution offers great financial added value for trade and industry. We also like their approach of giving private investors access to renewable energy projects. This combination makes it possible to save a significant amount of CO2 and offers attractive return opportunities.

Jesko von Viereck – Head of Corporate Development
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Press release from July 25, 2024

Saxovent focuses on investments and core business in renewable energy.

Luftaufnahme des Unternehmens timpla in Eberswalde

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

Berlin, 25. July 2024The 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.

Our decision to divest from the real estate project development sector is part of a strategic realignment, allowing us to focus our commitment and resources more intensively on the growth market of renewable energy.

Carsten Paatsch – Founder and CEO

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.

The focus on renewable energy is a deliberate and strategic decision, aimed at staying true to our core values, while strengthening our position in a market that is not only economically but also socially and environmentally significant.

Carsten Paatsch – Founder and CEO
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Press release from October 18, 2023

Saxovent Group receives up to 70 million euros for refinancing and new wind farm projects in Germany and France.

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

Berlin, 18. october 2023HANSAINVEST 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 windand 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).

This transaction results in a significant inflow of liquidity and provides capital for expanding the activities of Saxovent Group as an independent power producer (IPP). We are pleased with the trust shown by HANSAINVEST Real Assets.

Dominik Winau, CFO Saxovent Smart Eco Investments GmbH

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.

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Press release from July 10, 2023

Saxovent and Ironwood Renewables expand their cooperation as part of the Ironwood Projects joint venture founded in 2019

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.

Project development is a tough business, but with Saxovent as a partner, we are in the right place at the right time to develop high-quality projects.

Adrian Ortlieb, co-founder of Ironwood Renewables

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.

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