Sunday, May 19, 2024

aream, Eiffel announce joint solar investment

In April 2024, aream Group and Eiffel Investment Group joined forces to create Aream Solar Ventures. Eiffel Investment Group, through its fund Eiffel Transition Infrastructure, will primarily finance the joint venture’s development costs and acquire a 49% stake in Aream’s portfolio. Aream Solar Ventures aims to develop over 500 MWp of photovoltaic projects in Germany, including both traditional and agri-PV systems across various regions. Development phases are expected to last between 18 and 36 months. aream will spearhead project development, drawing on its expertise in both project development and financing. Eiffel Transition Infrastructure, boasting a capacity exceeding 200 million, serves as the financing partner, marking Aream Solar Ventures’ sixth investment in Europe. 

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