Cuxhaven.Paris.Hamburg 25 July 2023.
RIVE Private Investment, an independent European investment company specialising in real assets, and Umwelt Management AG UMaAG (UMaAG) announce the closing of a €9 million mezzanine facility for UMaAG. UMaAG is a German project developer and operator specialising in renewable energies. The Cuxhaven-based company was advised on the process and negotiations by LNF Energy from Hamburg. The mezzanine financing will be used to refinance two wind farms in Germany.
The two wind farms were built by Umwelt Management AG UMaAG and commissioned between August 2016 and March 2017. They produce clean and renewable electricity, equivalent to the consumption of 15,000 households, and reduce greenhouse gas emissions by around 14,000 tonnes of CO₂.2 per year. With the reduction of CO2 Both wind farms make an important contribution to the energy transition.
RIVE Private Investment underscores with the provision of financial resources and operational support through mezzanine financing in the field of stag[FE2] renewable energies their aspiration to drive forward the energy transition in Europe: especially with independent players like UMaAG, which is one of the cornerstones for the successful expansion of renewable energies in various regions in Germany.
Since 1998, Umwelt Management AG UMaAG from Cuxhaven (Germany) has dedicated itself to advancing the expansion of wind energy and, consequently, the overall development of renewable energy concepts, always in harmony between people and nature. The aim is to collaboratively shape the energy transition in Europe and pave the way for a sustainable future through the active involvement of the public, politicians, and environmental associations.
Benoît Bidan, Investment Director at RIVE Private Investment: (in a translationWe are pleased to support Umwelt Management AG UMaAG, which has been active in the German market for renewable energies since 1998. This transaction underscores our ability to offer tailor-made financing solutions to local players across Europe and our commitment to the transition to a more sustainable economy.„We are delighted to support Umwelt Management AG UMaAG, which has been active in the field of renewable energy projects in the German market since 1998. This operation highlights our ability to provide tailor-made funding solutions to local players across Europe, and our commitment to transitioning to a more sustainable economy..”)
Mathis Klepper, Commercial Director, Umwelt Management AG UMaAGThe partnership with RIVE represents an important milestone in the strategic development of Umwelt Management AG UMaAG. With mezzanine financing, we can IPP-Portfolio Fire Emblem: The Sacred Stones expand. At the same time, we have found a reliable partner in RIVE to drive forward the energy transition in Germany. We would also like to thank LNF Energy for their expert advice and sound support throughout the entire mezzanine financing process.“
About RIVE Private Investment
RIVE Private Investment is an independent European investment company that specialises in investments in the transport sector and energy transition infrastructure projects. RIVE focuses on small and medium-sized companies and projects, combining financial and industry expertise. Founded in 2013 and headquartered in Paris, Luxembourg, and Geneva, the company has financed assets worth over €2.3 billion through more than 100 transactions in over 15 countries.
As a pioneer in investments for the energy transition, the RIVE team for sustainable infrastructures invests across the entire energy value chain: green electricity, green thermal energy, green gas, energy efficiency, energy storage, and EV charging networks[FE4] . RIVE's positioning reflects a concrete commitment to combating climate change and its positive impact on the population. The sustainable infrastructure team has already financed more than 850 MW of capacity in Europe.
About Umwelt Management AG UMaAG
Since 1998, Umwelt Management AG (UMaAG) has been implementing projects in the field of renewable energies in the German market. With a portfolio of 400 wind turbines in over 50 wind farms, two biomass power stations, and several sustainable, modern multi-family housing projects, UMaAG is a driving force in the development and implementation of renewable energy concepts in Germany.
About LNF Energy
LNF Energy is an independent transaction and financing advisory boutique specialising in M&A transactions and complex financing solutions. Additionally, as an asset manager for several clients, LNF Energy manages numerous projects across Europe, thereby possessing extensive experience in the operation of facilities. Combined with its own experience in developing renewable energy projects in Europe, LNF Energy has comprehensive knowledge across the entire value chain.
The company, founded in 2011 and based in Hamburg, supports its clients in the renewable energy and infrastructure sectors with sell-side/buy-side transactions and with sourcing mezzanine, unitranche, or senior financing for the development, construction, and operation phases.
Media contact:
Christine Breeze, Corporate Communications UMaAG
Tel: 04721 9109 172
Email chb.umaag@umwelt-management.de
The image rights belong to Umwelt Management AG UMaAG