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Home COUNTRY DACH

Greenvolt – Energias Renováveis (KKR) signs an agreement with GLP for developing 10 photovoltaic plants in Germany

Salvatore Brunoby Salvatore Bruno
February 25, 2025
Reading Time: 3 mins read
in DACH, GREEN, IBERIA, ITALY, PRIVATE EQUITY, REAL ESTATE, Uncategorized
Greenvolt – Energias Renováveis (KKR) signs an agreement with GLP for developing 10 photovoltaic plants in Germany
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The asset will be on the roofs of GLP logistic assets

Greenvolt – Energias Renováveis (GER), a global renewable energy company that KKR acquired in 2023 through a delisting from Lisbon stock market (see here the last company presentation), signed an agreement with GLP Clean Energy, part of global logistic real estate assets developer and property manager GLP, for installing ten photovoltaic plants with a total power of 23 MW on the roofs of Germany building.

The first project is a plant of 3.8 MW that GER will develop on the top of a GLP asset in Mönchengladbach and complete by the end of March (see here the press release). Nel dettaglio a sviluppare e installare gli impianti sarà Energy Partners GmbH, una controllata di MaxSolar GmbH con sede a Traunstein (Germania), a sua volta parte di Greenvolt Group.

Energy Partners GmbH, a subsidiary of Greenvolt Group through Traunstein-based MaxSolar GmbH, will carry on the plant’s development.

GRE operates in Europe, North America and Asia and has three main business areas: Greenvolt Biomass, which extracts energy from forest residues and urban waste wood through 7 power plants in Portugal and the UK; Greenvolt Power, a developer large-scale wind, solar PV and storage projects in several European markets, the US and Japan with a pipeline of 10.9 GW in total; and Greenvolt Next, a provider of B2B solutions for the installation, maintenance and financing of solar photovoltaics for individual and collective self-consumption, as well as for electric mobility, LEDs, roofs, shelters and batteries, in different geographical areas in Europe and Indonesia.

GRE appointed João Manuel Manso Neto as ceo for 2025-2027 (see here the press release). The manager joined Greenvolt in 2021 as executive chairman and previously worked as EDP board member and ceo of EDP Renewables.

In September 2024, Greenvolt Power sold to Nuveen Infrastructure an Italian portfolio of photovoltaic projects with a total power of 153 MW for 18.7 million euros (see here a previous post by BeBeez). Verdian Power, an independent power producer (IPP) that Nuveen Infrastructure launched in October 2023, acquired the assets (see here a previous post by BeBeez).

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