Exciting announcement, everyone! 🚀 Viessmann accelerates the green energy transition in Europe through a strategic investment in Encavis AG, a leading renewable energy platform, alongside KKR!
This partnership underlines our dedication at Viessmann for entrepreneurial investments in solutions that propel the world’s green energy transition forward. 🌱
Encavis has a portfolio of more than 190 photovoltaic parks and more than 40 onshore wind farms with a total operating capacity of around 2.2 Gigawatt across 10 European countries. Our joint support with KKR will not only solidify Encavis’ strength in the clean energy landscape, but also contribute to fostering a more energy-independent and eco-friendly Europe. 🏡 🤝
Beyond the investment in Encavis, we are currently assessing and discussing a number of new partnerships with other family businesses in line with our investment focus on reducing, avoiding, and capturing CO2 emissions.
Committed to our purpose of co-creating living spaces for generations to come, we are expanding our ecosystem with dedicated co-investments, minority stakes and strategic acquisitions.
We keep you posted!
More: https://lnkd.in/escMdUV9
Photo Credit Picture No. 1: Sandra Steh
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Managing Director & Head of Retail - Asia @ CBRE | Retail Real Estate Strategies
6moRajpal congratulations