aream Press release

Aream Group (aream) and Eiffel Investment Group (Eiffel), through its managed investment fund Eiffel Transition Infrastructure, have joined forces in April 2024 by creating Aream Solar Ventures. The joint venture will develop a pipeline of PV and battery projects over the coming years. Under the terms of the agreement, Eiffel will finance the majority of the JV’s future development costs and acquires 49% of the portfolio from aream. “We look forward to working with Eiffel, an experienced financial partner in the development of renewable energy projects”, comments Markus W. Voigt, CEO of aream Group.

The German government's Solar Package I has been fast-tracked through the Bundesrat and Bundestag. The aim is to further accelerate the expansion of solar energy. "The big gap in the package, however, is storage," criticises Markus W. Voigt, CEO of the aream Group. "Increased storage capacity could further reduce the costs of photovoltaics and reduce subsidies."

With the energy transition, municipal utilities are also facing a mammoth task. The necessary investments are huge and their realization will be a stress test for their structures. This is where the private sector can help. "Support for municipal utilities is provided in particular by those private players in the energy transition who not only have expertise in project development, but also in the structuring and financing of projects," comments Markus W. Voigt, CEO of the aream Group.

Germany has so far presented a mixed picture when it comes to the expansion of renewables: Things are going reasonably well in the photovoltaic sector, while wind energy is lagging far behind what is needed. "More permits are needed, especially in southern Germany," comments Markus W. Voigt, CEO of the aream Group. "Otherwise the targets will be missed by a wide margin."