Press releases

Capcora accompanies the shareholders of Solizer on its sale to Vattenfall.

Frankfurt am Main, 21.07.2023

Vattenfall has acquired the German solar developer Solizer. The transaction includes an experienced team and a pipeline of large-scale solar projects in Germany with a volume of 4 GW. This acquisition expands Vattenfall’s German solar development portfolio to 7 GW in total. The first projects from the new portfolio can be ready for construction as early as 2024. Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor to Solizer with their structured bidding process identifying Vattenfall as the optimal investor for this opportunity.

Solizer, an international solar developer based in Hamburg, Germany, was established in 2015. The company believes in the importance of strong partnerships and network organizations to ensure the successful performance of projects. The development team consists of former executives from leading international solar firms, bringing a wealth of experience totaling over 1,500 MWp in successful renewable projects in Germany.

Vattenfall wants to enable fossil-free living within one generation. The expansion of electricity generation from solar supports this goal.

Helene Biström, Senior Vice President and Head of Business Area Wind, stresses the importance of this acquisition: “Germany is a core market for Vattenfall’s solar development. Solar is cost-competitive and can be built subsidy-free, which is important in meeting the rapidly increasing demand for low-cost solar power from customers. By adding Solizer's development projects and know-how to our portfolio we continue on our renewables growth path.”

“The successful acquisition of Solizer by Vattenfall showcases the significant potential of the renewable energy market and the value of strategic alliances. We are honored to have played a role in supporting this transaction, highlighting our position as a trusted advisor in the renewable energy sector. We extend our congratulations to both companies on this noteworthy achievement.”, Jochen Magerfleisch, Managing Partner at Capcora.

The transaction between Solizer and Vattenfall was supported by Capcora, serving as the M&A advisor to Solizer, while Osborne Clarke, Hamburg, supported Solizer on the legal side.

About Capcora:

Capcora is an independent financial advisory boutique specializing in M&A and project finance services to accelerate the energy transition in Europe. Founded in 2015, the Frankfurt-based company helps its clients succeed in the renewable energy and infrastructure sectors by advising them on sell-side and buy-side transactions, and by raising mezzanine, unitranche or senior debt.