KGAL Wins Scope Award For “New Energy” Category For The Third Consecutive Year

KGAL has been honored once again by Scope as the top asset manager in the “Infrastructure Equity – New Energy” category. With over 20 years of experience in renewable energies, a team of 65 experts, and a unique range of products, KGAL continues to lead the way in the sector. KGAL’s ESPF 5 fund has made its first investment in a battery storage project in Italy.

Meanwhile, the KGAL ESPF 6 fund has secured a stake in Germany’s leading hydrogen project in Lubmin. The open-ended fund KGAL klimaSUBSTANZ has acquired its first wind farm. Additionally, KGAL is supporting financing through the PtX Development Fund, managing €30 million in grants for an Egyptian hydrogen project on behalf of KfW.

André Zücker, Co-CEO of KGAL, said in a statement “Experience, expertise and our Europe-wide network mean great practical benefits: our teams have access to the most attractive renewable energy projects on the market – and this allows us to drive them forward quickly from development to operation.” In 2024, KGAL will connect around 240 megawatts of capacity to the grid. This growth reflects the success of recent projects, highlighted by the flagship funds KGAL ESPF 4 and ESPF 5, which have delivered strong double-digit returns for institutional investors.

Florian Martin, Co-CEO further adds, “It is important to pick up on innovations at an early stage to realise new potential for our customers with renewable energies. For 2025, we are preparing the launch of two new product ideas: one is dedicated to repowering, and the other focuses on a particularly broad-based portfolio ranging from power generation and battery storage to grid expansion.”