Branicks Group AG Launches Branicks Renewable Energy Fund

Today, Branicks Group AG (Branicks) announces the launch of its inaugural renewable fund, the ‘Branicks Renewable Energy Fund S.C.S. SICAV-RAIF.’ Classified as an Article 9 Impact Fund, it aims to contribute ecologically, economically, and socially towards achieving European climate targets, with a targeted average return of 8% p.a. and a planned volume of EUR 300 million.

The fund focuses on investing in technologically established and high-yield photovoltaic systems and onshore wind power plants across Northern, Central, and Southern Europe. Additionally, it incorporates technologies such as rooftop systems and charging stations.

This initiative marks the first tangible outcome of Branicks’ collaboration with Encavis Asset Management AG (Encavis AM), established in April 2024, with the objective of creating an independent ‘Renewables’ asset class. Encavis AM’s extensive experience as an independent asset manager and advisor for solar and wind power complements Branicks’ expertise in structuring investment vehicles.

Sonja Wärntges, CEO of Branicks Group AG, emphasizes the significance of this move, stating, “With our first renewable energy fund, we are initiating the development of our new asset class, Renewables.” She underscores the growing demand for electricity and the imperative to generate it on a CO2-free basis, presenting promising opportunities for returns and value appreciation.

This expansion into the Renewables asset class aligns with Branicks’ commitment to sustainability, where the company has been a pioneer within the property sector. Notably, Branicks aims to increase value and returns through sustainable practices, such as advancing the green building ratio, which stood at 43.6% by the end of 2023.