Milvio Energy has secured a forward Ready-to-Build (RTB) sale agreement for a portfolio of 11 solar PV projects in Germany, totaling 51.7 MWp, with re:cap green energy Deutschland GmbH, part of the re:cap global investors group. This agreement represents a significant step for both parties in advancing renewable energy infrastructure in the German market. Frankfurt-based consulting firm Capcora acted as M&A advisor for Milvio Energy in the transaction.
The portfolio includes 11 ground-mounted solar PV projects at various stages of development, with eight located in North Rhine-Westphalia and the remainder in Saxony-Anhalt and Lower Saxony. Three of the projects have already secured building permits, while the others are expected to reach RTB status between Q1 and Q4 of 2025.
Henri Constantin Stahl, Managing Director at Milvio Energy, highlighted that the deal underscores their ability to deliver high-quality solar projects and expand their presence in the German renewable energy market.
Re:cap, a leading investment manager in the energy transition and renewable energy sector, sees this deal as a strengthening of its position in the German solar sector. CEO Thomas Seibel expressed confidence in the continued potential of the German solar market and the value of this acquisition to their renewable energy portfolio.
Capcora’s Director José Joaquín Muñoz Osuna emphasized the efficiency of the transaction and their ongoing partnership with Milvio, reflecting their deep understanding of the client’s needs and the renewable energy market.
Legal advisors for the transaction included Stock+Partner for re:cap and RST Rechtsanwälte for Milvio Energy.
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