Aukera, a Brussels-based renewable energy developer and IPP, has closed an oversubscribed €105 million (~$ 123.67 million) equity round. The round was supported by existing investors AtlasInvest and Reggeborgh, and new participants including Belgium’s sovereign wealth fund SFPIM. The funding is allocated to advance Aukera’s 15 GW pipeline of solar, wind, and storage projects. These projects are spread across the United Kingdom, Germany, Italy, Belgium, and Romania. More than 8 GW of storage projects are included to enhance grid flexibility. The company has offices in Brussels, London, Edinburgh, Berlin, Rome, and Bucharest. MW&L Capital Partners and Rothschild & Co were financial advisors on the transaction.Prior to this, Aukera Energy secured GBP 135 million for its solar expansion in the UK.
Aukera closed €105M equity round for 15 GW Europe pipeline
Investors including AtlasInvest, Reggeborgh, and SFPIM supported Aukera’s €105 million equity round to advance a 15 GW solar, wind, and storage pipeline across Europe.
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