Green Flexibility Funding News – Kempten-Based Green Flexibility Secures €1Bn
Jan 17, 2025 | By Startuprise
Green Flexibility, a company based in Kempten that develops large-scale battery storage solutions, has been successful in securing a project volume surpassing €1 billion to support Europe's energy transformation.
This noteworthy milestone involves loan financing in addition to an initial equity commitment of up to €400 million from Partners Group, one of the biggest private markets investment firms in the world.
Green flexibility will be able to increase its contribution to grid stabilization, energy flexibility, and the integration of renewable energy sources thanks to the investment.
Christoph Ostermann, CEO of green flexibility, remarked: “With Partners Group, we have found the ideal partner to scale our business and realise our vision of a sustainable and, above all, reliable energy future. In the battery storage market, there can be no compromises when it comes to quality and safety. It is our responsibility to provide our partners not only with the best solutions but also to protect them from the risks of a young and dynamic market. Long-term reliability, the highest safety standards, and the best technology are critical—because the energy transition needs stability and dependability. And for this, we have assembled the most experienced team in the market.”
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As part of its all-encompassing strategy, the business designs, builds, and manages battery storage systems, guaranteeing partners' long-term dependability and security. Furthermore, green flexibility works closely with grid operators to integrate local grid requirements and coordinates with other project developers.
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Their battery energy storage systems (BESS) solve important problems brought on by Germany's progressive retirement of traditional power generation and growing reliance on intermittent renewable energy sources.
In order to attain market leadership, Green Flexibility intends to leverage Partners Group's financial resources and wealth of experience. With assets under management of about €145 billion, Partners Group offers a revolutionary wealth creation strategy meant to make green flexibility a major force in the biggest power market in Europe.
David Daum, Partner and Head of Infrastructure Europe at Partners Group, stated: “green flexibility will act as a key enabler of the energy transition in Germany by facilitating the integration of intermittent renewable energy into the country’s power grid. The Company represents an exciting opportunity to partner with a highly experienced, proven management team to build a battery storage platform in the largest power and electricity market in Europe. We look forward to working with them on our transformational value creation plan.”
About Green Flexibility
Green Flexibility, which was co-founded in 2023 by Christoph Ostermann, Hermann Schweizer, Christoph Lienert, and Bernd Arkenau, constructs and manages extensive battery storage systems across Europe over the long run, managing every stage of the project from finding appropriate locations to marketing the storage.