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Hamburg 251–500 employees Solar · Wind · Energy storage encavis.com
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ENCAVIS
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5 jobs · 1 filter active · updated 185 days ago

About ENCAVIS

Company Overview

Name

ENCAVIS AG, a subsidiary of Elbe BidCo AG, controlled by KKR-advised investment vehicles

Headquarters

Hamburg, Germany

Founded

1989

Size

Approximately 400 employees, with revenues of EUR 14.184 million in fiscal year 2024 (source: encavis.com)

What They Do

ENCAVIS is an independent energy producer based in Hamburg, specializing in the development, acquisition, ownership, and operation of onshore wind farms, ground-mounted solar parks, and battery storage systems across Europe (source: linkedin.com, encavis.com). The company is increasingly focusing on hybrid and storage-capable portfolios, combining renewable generation with storage solutions and market-oriented optimization to enable flexible financing structures for future battery storage integration (source: encavis.com). ENCAVIS operates a broadly diversified portfolio across 13 European countries, including Germany, Italy, Spain, Denmark, and the Netherlands, ranking among the leading European producers of renewable energy (source: encavis.com). Additionally, the company offers structured renewable energy solutions such as hybrid Power Purchase Agreements (PPAs) and battery-backed projects, reflecting a customer-focused commercial offering beyond pure asset management (source: encavis.com).

Projects & Track Record

ENCAVIS pursues an active acquisition strategy, acquiring both operational and under-construction projects. In August 2025, a 34 MW wind farm project in Sundern-Allendorf in the Sauerland region was acquired, scheduled to become operational in the first half of 2026 (source: encavis.com). In July 2025, ENCAVIS acquired a 199 MW wind and solar portfolio in northern Spain near Zaragoza in Aragon from BayWa r.e. (source: encavis.com). In June 2025, two German wind farms in Zeven, Lower Saxony, and Raßlitz, Saxony, with a combined capacity of around 59 MW were added (source: encavis.com). The 80 MW Vietlübbe wind farm was described as ENCAVIS's largest wind project in Germany (source: encavis.com). In September 2025, the 48 MW Schierenberg wind project was acquired from ABO Energy, the first of five jointly planned projects totaling 106 MW (source: encavis.com). Additionally, another 34 MW wind farm in Bebensee was acquired as part of the cooperation with PNE (source: encavis.com). The solar portfolio in Italy totals 351 MW, financed with EUR 282 million in project financing, complemented by a large-scale battery storage system in Ceprano, Lazio, with approximately 65 MW and 260 MWh capacity (source: encavis.com). By the end of 2025, the additional capacity reached 854 MW, with total operational capacity around 3.3 GW (source: encavis.com).

Recent Developments

The most significant event in the past two years was the completion of the merger squeeze-out in September 2025, which resulted in the exit of minority shareholders and the full ownership transfer to Elbe BidCo AG, the acquisition vehicle managed by KKR (source: encavis.com). Between June and September 2025, ENCAVIS expanded its portfolio through several acquisitions in Germany and Spain, reflecting an aggressive growth and consolidation strategy in wind and solar energy (source: encavis.com, encavis.com, encavis.com, encavis.com). For 2025, ENCAVIS reported a record increase of 854 MW of new capacity and a total operational capacity of 3.3 GW, accompanied by intensified financing and expansion of battery storage projects in Italy (source: encavis.com, encavis.com).

Working There

ENCAVIS employs approximately 400 people, located in Hamburg and Neubiberg near Munich (source: linkedin.com). The workforce includes specialists in project development, asset management, operations, finance, trading/optimization, and corporate communications (source: encavis.com). The corporate culture is characterized by a hybrid profile combining infrastructure investment, asset operation, and commercial market optimization, reflected in diverse roles across acquisitions, project financing, portfolio management, engineering, and market analysis (source: encavis.com, encavis.com). The focus on wind and solar transactions as well as the integration of battery storage and structured energy solutions for corporate clients highlights the team's technical and commercial expertise (source: encavis.com).

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