Press release dated September 11, 2026

Saxovent Renewables launches a partnership with HIH Invest Real Estate

Jan Steggewentz, Niederlassungsleiter Hannover & Abteilungsleiter Projektentwicklung PV bei Saxovent Renewables

Saxovent Renewables and HIH Real Estate Combine Expertise to Develop Sustainable Energy Solutions for Real Estate Portfolios

 

Partnership to sustainably harness energy potential in real estate portfolios

Berlin, September 11, 2026 – Saxovent Renewables GmbH & Co. KG and HIH Real Estate GmbH are combining their expertise to expand the use of renewable energy in real estate portfolios. Together, they will analyze, develop, and implement sustainable energy solutions on suitable existing properties.

The partnership will identify untapped potential in existing properties and use it to develop energy solutions that remain economically viable over the long term. In particular, the partners will examine roof areas and existing infrastructure to determine how renewable energy generation can best be integrated into current real estate strategies.

Making existing buildings part of the energy transition calls for practical, economically viable solutions. Together with HIH, we are creating the basis for systematically identifying the potential of available space and efficiently implementing sustainable energy concepts. In particular, existing properties offer enormous potential to combine renewable energy with existing structures, creating economic benefits for property owners, tenants and system operators while improving sustainability.

Jan Steggewentz, Branch Manager and Head of PV Project Development at Saxovent Renewables

The partners approach each property’s energy needs comprehensively: In addition to conventional photovoltaic solutions, they assess further options for energy supply and optimization based on the specific site. By making the best possible use of available space, they aim to make properties both environmentally and economically sustainable over the long term.

With Saxovent, we are adding another strong partner to our platform. Three joint projects will enter the implementation phase this year alone, with others already under development. We consistently take a modular approach to energy and see a natural synergy between real estate and renewable energy. Depending on the property, we integrate battery storage, charging infrastructure or heat pumps in addition to photovoltaics. We are convinced that renewable energy will become an integral part of real estate, driven by sustainability requirements, the expectations of investors and tenants, and regulatory requirements. For our funds, this not only generates additional revenue but also creates opportunities to increase the long-term value of the properties, while tenants benefit from affordable, green electricity generated on site. Strong partnerships are essential to making this work – from developers such as Saxovent and general contractors to technical consultants.

Fynn Rotzoll, Project Lead for PV Rooftops at HIH Invest Real Estate

As requirements for energy efficiency, ESG criteria and security of supply continue to increase, making intelligent use of existing infrastructure is becoming increasingly important. The partnership between Saxovent Renewables and HIH Real Estate provides a framework for doing so and is intended to be extended to several locations in the future.

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Press release dated February 23, 2026

With our investment in Einklang, we at Saxovent Smart Eco Investments GmbH are strategically expanding our portfolio to include flexible, demand-side energy systems.

Cologne-based Energy-as-a-Service provider Einklang secures fresh funding in the millions for a battery-optimized power solution for commercial and industrial customers

Cologne, February 23, 2026 – The Cologne-based company Einklang, specialized in integrated energy solutions for Germany’s mid-sized businesses, has secured €2.2 million in funding. With this capital, Einklang plans to scale its battery-optimised electricity tariff solution for commercial and industrial customers and expand operations to 100 customer sites by 2026. The solution enables these businesses to reduce their electricity costs by 30 to 40 percent. The funding round was led by Vireo Ventures.

We’re solving a central problem of the energy transition. While energy-intensive industries are granted relief through tailored regulations, midsize companies continue to face high electricity prices. The issue isn’t renewable energy itself, but rather price volatility, high grid charges, consumption peaks, and a lack of flexibility. Our solution tackles exactly these problems.

Lucas Jonas – Co-Founder and CEO of Einklang

By integrating electricity procurement, storage, and consumption, Einklang enables companies to automatically source power when it’s inexpensive and renewable. This helps to reduce price volatility and peak loads, lower grid fees, and improve planning certainty.

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Einklang radically simplifies flexible electricity use and finally makes it practical. This provides the German Mittelstand with a real, usable solution while unlocking a scalable lever for the energy transition.

Jesko von Viereck – Head of Corporate Development
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Press release dated January 20, 2026

Saxovent expands its stake in hellgrün and will become the second-largest shareholder after the founding team.

Growth capital for scaling solar power on commercial rooftops – hellgrün quadruples revenue in the million-euro range.

Berlin, January 20, 2026 – We are further increasing our stake in the Cologne-based energy startup hellgrün and providing additional growth capital to scale photovoltaic projects on commercial properties. As part of the follow-up financing, Saxovent will become the largest shareholder of hellgrün alongside the founding team.

hellgrün enables the cost-effective implementation of on-site PV and direct power models on commercial rooftops – especially for retail, logistics centers, cold storage, and manufacturing industries. The company manages the entire process, from site assessment and financing to construction and long-term operation.

hellgrün has demonstrated that on-site PV on commercial rooftops can be implemented quickly, professionally, and at scale, without property owners or asset managers having to take on operational burdens. The progress made in 2025 was a clear signal for us to expand our investment. With this, we emphasize our commitment to supporting hellgrün’s long-term growth.

Thorsten Freise – CEO of Saxovent Renewables

The reason for expanding the commitment is the strong operational development: hellgrün quadrupled its revenue in 2025 in the million-euro range. From Saxovent’s perspective, this dynamic confirms the scalability of the model and the market demand in a segment where property owners and asset managers are under increasing pressure to pragmatically address ESG requirements and energy costs.

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Press release dated December 5, 2025

Saxovent Renewables acquires an 81.8 MWp solar project in Mecklenburg-Vorpommern

We are expanding our photovoltaic portfolio with a construction-ready ground-mounted project south of Rostock

Berlin, 5th December 2025 – Saxovent Renewables GmbH & Co. KG has acquired a solar park in Mecklenburg-Vorpommern from Milvio Energy GmbH. The construction-ready ground-mounted project, with a planned capacity of around 81.8 MWp, is located south of Rostock. It has an existing EEG subsidy for 20 MWp and offers additional potential for the integration of a battery storage system.

By taking over the project, we are not only strengthening our presence in northern Germany but also significantly expanding our PV portfolio.

  • Saxovent Renewables acquires an 81.8 MWp solar project with partial existing EEG subsidy and additional battery storage potential
  • The project will now be swiftly brought into construction and operation by Saxovent Renewables

With this solar park, we are acquiring a carefully prepared and fully permitted large-scale project that significantly strengthens our photovoltaic portfolio. Its potential for battery storage also makes it technically highly attractive. Thanks to the existing EEG subsidy and the marketing of the additional capacity through a PPA, we have planning certainty. And as a company that covers the entire value chain and plans, builds, and operates wind and solar parks, we will bring the project online quickly.

Thorsten Freise – CEO of Saxovent Renewables

The area of roughly 57.8 hectares on which the solar project is planned is leased from an agricultural enterprise for which innovation and sustainability are core guiding principles. A portion of the solar power generated in the future is intended to support the farm’s energy concept.

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Press release dated August 4, 2025

Saxovent acquires 76 MWp-Agri-PV-Project from Orrön Energy

Further step in expanding the regional portfolio and agri-PV expertise – strengthening the project pipeline and deepening of the northern strategy

Berlin, 4th August 2025 – Saxovent Renewables has signed an agreement with Orrön Energy’s project development subsidiary to acquire an agri-photovoltaic project with a planned capacity of 76 MWp. Located in north-eastern Germany, the project is designed as an agri-PV plant that combines solar power generation with agricultural use.

  • The 76 MWp project in north-eastern Germany has been acquired from Orrön Energy, securing a strategically important location for agri-photovoltaics early on.
  • The combination of solar power generation and agricultural use is planned, with sustainable land use being key to achieving greater acceptance in the region.
  • This is a further step in the expansion of the regional portfolio and agri-PV expertise, strengthening the project pipeline and the targeted deepening of the northern strategy.

This acquisition secures us a project with great potential in the agricultural PV segment at an early stage. This aligns with our objective of operating in all major sectors of renewable energy. Combining agricultural use with energy generation is essential for maximising land efficiency and ensuring the social acceptance of the energy transition at a local level.

Thorsten Freise – CEO of Saxovent Renewables

The project fits seamlessly into Saxovent Renewables’ growth strategy of continuously expanding its portfolio in all key market areas, both organically and through targeted acquisitions. By entering the agri-PV sector, the company is promoting a partnership-based approach that fosters equal interaction between all parties involved.

By acquiring this new agri-PV project, Saxovent is expanding its development capabilities and strengthening its regional presence in north-eastern Germany. In addition to its relevance to the energy industry, the project offers opportunities to cooperate with agricultural businesses, local authorities, and regional service providers, in line with Saxovent’s northern strategy, recently reinforced by the new Hanover location.

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 dated July 7, 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 dated June 3, 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 dated February 21, 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 dated January 29, 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 dated 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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