Branicks Group AG (Branicks), ISIN: DE000A1X3XX4, today announces the launch of its first renewable fund ‘Branicks Renewable Energy Fund S.C.S. SICAV-RAIF’. This is an Article 9 Impact Fund – classified as an ecological, economic and social contribution to achieving the European climate targets with a targeted average return of 8% p.a. and a planned volume of EUR 300 million.
The fund invests in technologically established and high-yield photovoltaic systems and onshore wind power plants in Northern, Central and Southern Europe. It also utilises technologies such as rooftop systems and charging stations.
The fund is the first concrete result of the cooperation with Encavis Asset Management AG (Encavis AM), which Branicks launched in April 2024 with the aim of establishing an independent ‘Renewables’ asset class. Encavis AM’s many years of expertise as an independent asset manager and advisor for solar and wind power and Branicks’ expertise in the structuring of investment vehicles complement each other perfectly.
Sonja Wärntges, CEO of Branicks Group AG: ‘With our first renewable energy fund, we are launching the development of our new asset class Renewables. Growing sustainability awareness and a steadily rising demand for electricity coupled with the gradual phasing out of fossil fuels are forcing the generation of electricity on a CO2-free basis. The resulting dynamic growth opens up attractive potential for returns and increase in value. With our more than ten years of sustainability expertise and consistent ESG focus, this is an important strategic milestone for the further operational development of Branicks.’
The new Renewables asset class expands Branicks’ focus on increasing value and returns in the area of sustainability, where Branicks sets standards and plays a pioneering role within the property sector. Among other things, the company is consistently driving forward the expansion of the green building ratio as the equivalent of ecological assets. At the end of 2023, this ratio was already 43.6%.
