Visiolar has divested a 95MWp utility-scale ready-to-build (RTB) solar PV asset in Brandenburg, Germany.
The single photovoltaic installation was acquired by Sunovis, a platform company owned by Brookfield. Financial advisory firm Capcora exclusively executed the sell-side M&A mandate for the transaction.
The project has achieved full RTB status, and construction is set to commence immediately following the acquisition.
Dr. Janis Meyerhof, CEO at Visiolar, said:
“We are very pleased to have successfully completed the sale of this landmark project with a capacity of 95MWp. The transaction reflects the strength of our development platform and our commitment to bringing high-quality renewable-energy assets to market, even in a challenging environment for stand-alone PV in Germany.
“We look forward to seeing the project realised under its new ownership and to continuing to scale our pipeline across the region.”
The acquisition itself represents one of the larger stand-alone PV assets recently changing hands in the German market, where smaller, fragmented project structures are more common and investor selectivity has increased due to challenging market conditions.
This was acknowledged by Henning Prigge, Director at Capcora:
“This transaction stands out in an increasingly demanding German PV market, where completing a sale of a stand-alone, ready-to-build project requires deep market knowledge and industry network as well as disciplined preparation and an efficient, investor-oriented process.”
The sale highlights both the robustness of the project’s development and the appetite for German solar opportunities. Markus Renz, Managing Director at Sunovis, added:
“This acquisition represents an excellent addition to our growing renewable-energy portfolio in Germany. We remain committed to expanding our footprint in the German solar market and to contributing meaningfully to the country’s energy transition.”
