aream Press release
Press
aream Group has advised Quadoro GmbH on the acquisition of two parks in the renewable energy sector. “We acted as close advisors on the buy-side and brought the deals to a successful conclusion“, says Markus W. Voigt, CEO of the aream Group.
High and fluctuating energy prices are a growing problem for companies in Germany. Long-term supply contracts with electricity producers, known as Power Purchase Agreements (PPAs), are an effective way to combat this. Such agreements are no longer a privilege reserved for large corporations. “There are now also suitable solutions for small and medium-sized companies“, says Markus W. Voigt, CEO of the aream Group.
August once again proved to be a weak month in terms of wind. “Production was only around 73 per cent of the expected volume“, says Markus W. Voigt, CEO of the aream Group. “In terms of solar power, however, Germany and Spain exceeded expectations; only Italy was weaker due to the weather.“ This showed once again that electricity and wind complement each other well, but that base load capacity still needs to be established through storage.
In the coming years, municipalities and their municipal utilities will not only have to manage the energy transition, but also the heating transition. “The times when municipal utilities transferred profits to their municipalities on a grand scale are over for the time being”, says Markus W. Voigt, CEO of the aream Group. “On the contrary, the need for investment now often has to be met by the municipalities - often with the help of private investors.”
PRESS CONTACT:
Leandra Kiebach
T: (0) 211 - 30 20 60 4-2
E: lk@aream.de