Sunovis and Brookfield join forces to accelerate the development of solar projects in Germany
Brookfield is a global alternative asset manager and one of the world’s largest owner and operator of renewables with global reach and strong operating and development expertise. Sunovis has successfully developed more than 30 solar projects in Germany and other European countries and – with Brookfield’s support – plans to significantly accelerate the realization of its current development pipeline, which comprises approximately 1.7 GWp of solar projects, of which about 600 MWp is in advanced and mid-stage development. Sunovis‘ existing management team consisting of Raphael Huber and Markus Renz will continue to manage business operations.
Raphael Huber and Markus Renz, CEO and CFO of Sunovis, comment:
"We are excited to join forces with Brookfield, a leading investor in renewables globally, who shares our strategic vision and is committed to support the further growth of Sunovis. Through this collaboration we will be able to accelerate our ambitious growth plans together with our team of experienced specialists and the support of a strong shareholder with outstanding financing capabilities, operational expertise and a broad global network in the solar industry."
Lazard acted as financial advisor and Oppenhoff acted as legal advisor to Sunovis. Norton Rose Fulbright acted as legal advisor to Brookfield.
Sunovis GmbH based in Singen (Baden-Württemberg, Germany) is a project developer and general contractor for turnkey photovoltaic power plants in Germany with an experienced team of specialists and a large network of international partners. Based on its complete service concept from a single source as well as its comprehensive know-how, beginning with the acquisition of the ground up to the turnkey plant, Sunovis guarantees the sustainable exploitation of green energy with reliable returns.
Additional information can be found on www.sunovis.de
Sunovis GmbH & Co. KG
Hegau Tower | Maggistraße 5
D-78224 Singen/Htwl
Telefon: +49 (7731) 9398121-0
Telefax: +49 (7731) 9398121-9
http://www.sunovis.de
Sunovis GmbH & Co. KG
Telefon: +49 (7731) 9398121-0
E-Mail: m.renz@sunovis.de
