HIH Invest acquires solar park in Eifel, expanding green energy portfolio

HIH Invest Real Estate has acquired a solar park in the Vulkaneifel district of Rhineland-Palatinate for its institutional fund, HIH Green Energy Invest. The seller, one of Germany’s leading property developers, has agreed to keep the purchase price confidential. The solar park was developed on former agricultural land and constructed by Hamburg-based greentech as the general contractor.

The photovoltaic system, which was connected to the power grid in September 2024, has a total output of 18 MWp (megawatt peak). The electricity generated will be sold through direct marketing under an EEG feed-in tariff, which was secured through a tender process and guaranteed by the German government for 20 years. HIH Invest will take over the commercial management of the solar park.

According to Kristof Krull, Head of Infrastructure at HIH Invest, the acquisition represents an attractive investment in a challenging market environment. He highlighted the efficient design and high-quality construction of the plant, which is located in a region known for its challenging terrain. With high irradiation values and strong plant efficiency, the annual energy production is expected to reach nearly 20 GWh.

HIH Green Energy Invest focuses on photovoltaic and wind power projects in Germany, France, Italy, Spain, the Benelux countries, the United Kingdom, Ireland, Poland, Portugal, and Scandinavia. The fund adheres to Article 9 of the EU Disclosure Regulation, investing in both existing facilities and construction-ready projects.

Alexander Eggert, Managing Director of HIH Invest, emphasized that the acquisition further diversifies the fund’s portfolio geographically. He stressed the importance of renewable energy in shaping the future of power supply, adding that HIH Green Energy Invest provides investors with an opportunity to actively contribute to Europe’s energy transition by expanding renewable infrastructure.

The transaction was legally supported by Vesthaus in Hamburg, with K&S Ingenieur-Partnerschaft Krug & Schram from Munich handling technical due diligence. Ebner Stolz mbB from Hamburg provided tax and economic advisory services, while Gossler, Gobert & Wolters audited project insurance. HIH Invest conducted the ESG due diligence, ensuring the project meets sustainability standards.