KGAL Leading the Way in Renewable Energy Investment and Innovation
Key Ideas
- KGAL named top asset manager in 'Infrastructure Equity – New Energy' by Scope, highlighting 20 years of experience in renewable energies and a team of 65 experts.
- KGAL's ESPF 5 fund invests in battery storage project in Italy, while ESPF 6 fund secures stake in Germany's leading hydrogen project in Lubmin.
- KGAL's klimaSUBSTANZ fund acquires its first wind farm and supports financing for an Egyptian hydrogen project through the PtX Development Fund.
- Projected grid connection of around 240 megawatts by 2024 demonstrates KGAL's success and growth, with plans for new innovative product ideas in 2025.
KGAL has once again been recognized as the top asset manager in the 'Infrastructure Equity – New Energy' category by Scope. Their extensive experience in renewable energies, backed by a team of 65 experts and a diverse range of products, has solidified their leadership in the sector. Notable recent investments include the ESPF 5 fund's venture into a battery storage project in Italy and the ESPF 6 fund's involvement in Germany's prominent hydrogen project in Lubmin. Additionally, KGAL's klimaSUBSTANZ fund has expanded by acquiring its first wind farm and facilitating financing for an Egyptian hydrogen initiative. The Co-CEOs of KGAL, André Zücker, and Florian Martin, emphasize the importance of innovation and early adoption in the renewable energy market to benefit their customers. KGAL's upcoming plans include connecting 240 megawatts of capacity to the grid by 2024 and introducing new product ideas in 2025 focusing on repowering and diverse energy portfolio expansion.