Luxcara achieves financial close with Bayerische Landesbank for Danish solar PV portfolio

Hamburg, April 9, 2024

Luxcara, one of the most experienced clean energy infrastructure asset managers in Europe, and Bayerische Landesbank have achieved financial close for a solar PV portfolio located in Denmark. The portfolio has an installed capacity of 315.7 MWp.

The Danish portfolio is one of Northern Europe’s largest solar power-plant sets. It consists of three large scale projects, two in the region of Zealand and one in Jutland. The three solar plants, Barmosen (137.3 MWp), Faxe (111.6 MWp) and Vildbjerg (66.7 MWp) were energized late in 2022, and were fully connected to the grid in 2023.

The parties have agreed to keep the volume of the financing confidential.

Nils Driemeyer, Finance Director of Luxcara, comments: “We are really excited to reach this important milestone for this landmark portfolio with Bayerische Landesbank. This demonstrates again the high quality of our projects and provides us with more flexibility to accelerate the energy transition.“

About Luxcara

Luxcara is an independent asset manager offering equity and debt investment opportunities to international investors in the global energy-transition infrastructure market. The Hamburg-based company acquires, structures, finances and operates energy projects with a long-term buy-build-operate approach. Luxcara’s portfolio includes investments across several European countries and comprises wind and solar PV assets, battery storage systems, charging stations for electric vehicles, and electrolyzers for the production of green hydrogen. With a track record dating back to 2009 and a team of more than 80 energy specialists, Luxcara ranks among Europe’s most experienced asset managers in energy transition infrastructure.

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Media contact for Luxcara:

Marcel Peter, Head of Communications and Stakeholder Engagement
T: +49 1514 1977862
E: press@luxcara.com

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