- AtlasInvest backed Aukera Energy has launched itself in the European renewable energy market
- The new venture aims to deliver 2.7 GW of new capacity by the end of 2022, out of which it has already secured more than 1 GW onshore wind and solar
- Aukera will identify and support developments, targeting projects at all stages of development
- It aims for long-term ownership of operational assets
The bustling European renewable energy market has a new entrant from Belgian investor AtlasInvest. Aukera Energy comes to the market fully funded, to deliver 2.7 GW of new renewable energy projects by the end of 2022.
Aukera Energy says its initial focus will be on the markets of UK, Italy, Germany, Romania and Poland, and that it has already secured more than 1 GW of onshore wind and solar energy facilities, and counting. It will target projects at all stages of development, while aiming for long-term ownership of operational assets.
AtlasInvest Chairman Marcel van Poecke said the Aukera team will identify and support developments requiring accelerated access to capital, applied expertise and hand-on management experience.
Founded by Pascal Emsens and Catalin Breaban, the new firm will be based out of Brussels and London. Emsens said, “We are targeting returns in the long-term, but in doing so we are committed to deploying purpose-driven capital that will deliver tangible benefits for all parties and the environment.”
Breaban added that his company will boost its pipeline of high-impact projects by building partnerships with developers, communities and landowners.
Aukera Energy gets itself added to the list of renewables focused companies launched in the high growth market of Europe in the recent past (see Multi GW Renewable Energy Entity Launched For Europe). Very recently, Mutual Life Insurance Company and Low Carbon UK entered a partnership to build 20 GW worth of renewables capacity in the UK, Europe and in OECD nations by 2030 (see New IPP Targets 20 GW RE Capacity By 2030).