Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
iStock 1299953733 1
iStock 1299953733 1

A strong year for renewables – and for aream



Renewable energies are one of the major growth areas – which is also reflected in the aream Group’s business development. “We have a strong year behind us and big plans for the future”, says Markus W. Voigt, CEO of aream Group. “The project pipeline is well filled, and the economic and political environment remains very favourable for developers and investors alike.”

There are still some political obstacles to the expansion of renewable energies in Germany. Overall, however, the development is unstoppable, because digitization, electrification and sector coupling are driving up the demand for electricity. At the same time, the demand for green electricity is increasing due to pressure to reduce CO2 emissions and substitute fossil fuel imports. Finally, electricity prices will remain high for the foreseeable future.

These factors benefit aream as an asset manager as well as a project developer in the field of renewables. “With a transaction volume of more than 2.4 billion euros, we are one of the leading asset managers in this market”, explains Voigt. “With our asset portfolio, we generate electricity sales of more than 40 million euros per year and have produced more than one billion kWh of electricity since 2008.”

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

It’s not just aream that benefits – so do its investors. For them, the company offers a network in the areas of renewable infrastructure and project development with over 25 GW of potential investments that have been reviewed since 2008. A whole range of investment opportunities is offered, from fund investments to own mandates, direct and co-investments in individual projects to project development of photovoltaic plants with subsequent operation or sale.

In 2022, further milestones were reached: As a cooperation partner, aream participated in the asset management of one of the first open renewable energy infrastructure funds in Germany, the impact fund Quadoro Sustainable Energy. In addition, the year brought the entry into the industrial customer business: aream supported an automotive supplier in the purchase of two wind farms with two turbines each. For this, turbines with a total capacity of 16.8 MW were acquired. The automotive supplier intends to use the electricity itself and thus take a further step towards climate neutrality. aream is responsible for the commercial management of the wind farms. Further projects with other industrial customers are currently in preparation.

And finally, in 2022, project development continued. “As part of cooperations and joint ventures with project developers, we have secured an additional 800 megawatts peak (MWp) of solar farm capacity”, says Voigt. Through its own project development activities, aream currently has a pipeline of over 1,000 MWp with the potential to add another 1,400 MWp, he added. “Our growth strategy is to realize or acquire 2.5 GW of solar and wind parks in the next few years.”

This requires additional manpower: since the end of 2020, the aream team has grown from 24 to 32 employees. “And we have already signed additional hiring contracts for next year with new colleagues”, says Voigt. “So further growth is assured.”


Recent Post: