Feldwerke Raises €12M Revolving Credit Facility Behind A100 MW Agri-PV Roll-out

A French renewable energy–focused debt fund has provided €12 million through a revolving credit facility, which will be used to finance Feldwerke’s construction pipeline of roughly 100 MW over the next 18 months.

Founded in 2023 in Munich by Nicolai Reiners, Nils Kuchenbuch and Marco Mielenz the company develops and installs open-field agri-PV systems that combine solar energy generation with agricultural land use.

Feldwerke has already deployed more than 20 MW of capacity in just over two years, including what it describes as the largest agri-PV installation in southern Germany, located in Oberndorf am Lech.

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The company’s approach integrates renewable energy production with continued agricultural use of land, while also involving municipalities and local investors in project development.

This dual-use model is increasingly attracting attention from institutional investors, banks and development finance institutions, who see land efficiency as a key advantage over conventional ground-mounted solar projects.

The newly secured revolving credit facility is structured to support rapid project execution as completed installations are transferred into long-term financing or connected to the grid the credit line replenishes enabling reuse for subsequent projects. This structure allows Feldwerke to run multiple construction projects in parallel and scale deployment more efficiently.

The capital will be dedicated entirely to building agri-PV installations, supporting the company’s pipeline of roughly 50 projects totaling over 400 MW with about 100 MW already in advanced planning or construction stages.

Feldwerke says the financing supports its broader ambition of reaching 1 GW of installed capacity by 2030, positioning itself as a major player in Europe’s expanding agrivoltaics sector.

“This financing marks a significant milestone for Feldwerke – and a clear signal that institutional investors have recognised the potential of agri-PV as a forward-looking form of land use. The revolving credit facility gives us the flexibility to execute our 100 MW portfolio swiftly and capital-efficiently. We are very pleased to have found a partner who shares our long-term vision and accompanies us on this journey with the right financing structure,” said Nils Kuchenbuch, CEO of Feldwerke.