Green Giraffe Advisory advised the shareholders of solargrün on the divestment of a leading German solar PV development platform
Green Giraffe Advisory has supported the shareholders of solargrün in the 100% sale of their stakes in solargrün GmbH, including the team and the pipeline.
With a team of 21 professionals and a pipeline of more than 100 projects and close to 3 GWp of capacity, solargrün was acquired by LichtBlick, a 100% subsidiary of the Netherland based Eneco Group.
The investment by LichtBlick offers the opportunity to accelerate solargrün’s growth to make it a leading development platform in the solar PV market in Germany.
Green Giraffe acted as sole financial advisor to the shareholders of solargrün in this transaction.
Björn Meyer, Managing Director at solargün GmbH said: “Green Giraffe has been an invaluable financial advisor in our journey towards the partnership with LichtBlick. Their comprehensive advisory approach and understanding of the development business were pivotal in successfully concluding the transaction. Célia, Freek, Hicham and Kai showcased strong knowledge and dedication, advising us on structuring the deal, bringing it to the market and flawlessly executing it. We are thankful for their expertise and unwavering support.”
