Encavis Asset Management and maxwell begin collaboration

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DGAP-Media / 2018-09-06 / 10:22 
 
*- A comprehensive range of renewable energy investment services* 
*- Alliance begins with special fund "Wind 1", which will have a volume of 
up to EUR 100 million* 
 
Neubiberg, 06. September 2018 - Encavis Asset Management AG (Encavis AM), 
based in the Munich suburb of Neubiberg, and Frankfurt-based J. C.Maxwell + 
Company GmbH (maxwell) have agreed to enter into an extensive cooperative 
alliance for institutional investments in renewable energy. Institutional 
investors will profit from the firms' combined and comprehensive range of 
customised advisory services and other services relating to investments in 
renewable energy plants. Professionally initiated and managed investments in 
solar power plants and wind farms are financially very attractive to 
institutional investors. Such investments offer further benefits under the 
Solvency II regulatory regime's special "qualified infrastructure" (QI) 
provisions. For lasting success, however, extensive expertise is 
indispensable. Critically important, apart from know-how in the field of 
renewable energies, is technical, fiscal and legal expertise, all of which 
Encavis AM and maxwell are now able to offer institutional investors from a 
single source. 
 
The areas of expertise offered by Encavis AM and maxwell perfectly 
complement one another. With their combined experience of more than three 
decades as investors in wind farms and solar power plants, both companies 
are pioneers of the German "energy transition". 
 
The new "Wind 1" fund, which has been sold exclusively by the Landesbank 
Baden-Württemberg (LBBW) since the beginning of July, demonstrates the 
success of their alliance. Conceived as a reserved alternative investment 
fund (RAIF), this equity-based investment offer has a volume of up to EUR 
100 million and is aimed at institutional investors who can commit EUR 3 
million or more to the fund. The fund invests in a diversified portfolio of 
onshore wind farms in Germany and France. Encavis AM is overseeing asset 
sourcing - the selection of suitable renewable energy plants - and therefore 
bears major responsibility for the "Wind 1" fund's investment strategy. 
Thanks to its many years of experience in this market, Encavis AM offers the 
fund exclusive access to projects, and it provides all of the services that 
a thorough due diligence process and these projects' financing structures 
entail. 
 
As the fund's initiator, maxwell is responsible for specific project design 
and serves on the sourcing committee as an expert consultant in matters 
relating to the energy supply industry. In addition to Encavis AM and 
maxwell, also LBBW is part of the sourcing committee. As a "green project", 
the "Wind 1" fund is especially attractive to institutional investors. Every 
single wind farm project fulfils the "qualified infrastructure" criterion, 
so that investments with investors' equity backing are privileged. 
 
From the perspective of Karsten Mieth, executive director of Encavis Asset 
Management AG, the cooperative arrangement offers a further benefit: "By 
bundling our activities and know-how, we, as an independent power producer 
operating Europe-wide, are further optimising our existing economies of 
scale in our acquisition and operation of renewable energy plants. This 
means that even risk-sensitive investors can achieve good returns in the 
dynamic energy markets." 
 
Anke Janousch, managing director of J.C.Maxwell + Company GmbH, says: "By 
maintaining an even balance between reflecting investor expectations and 
taking advantage of the opportunities offered by the renewable energy 
market, we combine the best of both worlds, affording institutional and 
strategic investors an opportunity for sustainable investments with stable 
cash flows." 
 
*About Encavis Asset Management AG*: 
Encavis Asset Management AG offers institutional investors customised 
portfolios and fund solutions for investments in the growth market of 
renewable energy sources. The company has been investing successfully in 
this sector since 2006, acquiring for institutional investors more than 40 
plants with a generating capacity of around 430 MW. The company covers the 
entire value chain from asset sourcing to operational management of the 
plants. 
 
Encavis Asset Management AG is a fully owned subsidiary of Encavis AG and, 
as part of the Encavis Group, profits from the latter's many years of 
experience and broad industry network. 
 
Encavis AG is one of Europe's leading independent power producers (IPPs) in 
the field of renewable energy sources. The company acquires and operates 
solar power plants and (onshore) wind farms in Germany and eight other 
European countries. The total generation capacity of the Encavis Group is 
currently more than 1.5 gigawatts (GW). 
 
The environmental, social and governance-related (ESG) achievements of 
Encavis AG have been rated by ISS-oekom, one of the world's leading ESG 
research and rating agencies, and were awarded the ISS-oekom's Prime Label. 
 
For more information about the company please go to www.encavis.com [1]. 
 
*Contact:* 
 
*Encavis Asset Management AG* 
Tanja Van den Wouwer 
Client Relations & Marketing Manager 
Tel.: + 49 (0)89 44230 6025 
Email: [e-mail] 
 
*About J.C.Maxwell + Company GmbH:* 
 
J.C.Maxwell + Company GmbH in Frankfurt specialises in the design and 
successful realisation of strategic investment projects and financial 
engineering. The company develops solutions for corporations, public 
institutions and investors, with a focus on infrastructure, energy and 
capital goods. 
 
The managing directors of maxwell have been working together successfully 
for nearly two decades. As the partners in maxwell have played an active 
role in shaping the market changes the energy sector has experienced over 
the last decade, they have a thorough understanding of energy-specific 
business models, generation technologies and sales markets. 
 
*Contact:* 
 
*J.C.Maxwell + Company GmbH* 
Anke Janousch 
Managing Director 
Tel.: [phone] 
Email: [e-mail] 
 
*J.C.Maxwell + Company GmbH* 
Holger Mayer 
Managing Director 
Tel.: [phone] 
Email: [e-mail] 
 
End of Media Release 
 
Issuer: Encavis Asset Management AG 
Key word(s): Finance 
 
2018-09-06 Dissemination of a Press Release, transmitted by DGAP - a service 
of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
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Archive at www.dgap.de 
721159 2018-09-06 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=1437d76775dcdc9cdcd1e7271a79c28d&application_id=721159&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

September 06, 2018 04:23 ET (08:23 GMT)