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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