Aukera, a pan-European renewable energy developer and Independent Power Producer (IPP), has announced the successful closing of an oversubscribed €105 million equity round. This second equity round reflects strong investor confidence in Aukera’s vision, execution and high-quality pipeline of renewable energy projects across Europe.
The round saw continued support from existing investors including Aukera’s majority shareholders AtlasInvest and Reggeborgh. Several new leading global investors also participated in the round, including SFPIM, (Société Fédérale de Participations et d’Investissement / Federale Participatie- en Investeringsmaatschappij), Belgium’s sovereign wealth fund.
The capital will be used to accelerate Aukera’s mature development pipeline of more than 15 GW of solar photovoltaics (PV), onshore wind, and battery storage projects in its core markets: the United Kingdom, Italy, Germany, Belgium, and Romania. Battery energy storage systems (BESS) have emerged as a cornerstone of Aukera’s strategy, with over 8 GW of BESS now integrated into its pipeline, supporting grid stability and energy flexibility across key European markets.
Co-founders Pascal Emsens and Catalin Breaban said: 'This equity raise is a milestone we are extremely proud of and we will spare no efforts to repay the trust put in us by our investors. With this funding, we are exceptionally well positioned to bring critical renewable capacity into construction and operation across our markets. It is also great to see about half of our team investing their own money in Aukera to date — reflecting the deep commitment and ownership culture we have built together.'
Marcel van Poecke, founder of AtlasInvest, added: 'Pascal, Catalin, and the Aukera team have built a world-leading platform with a bold vision and fast-paced execution capabilities that is truly remarkable. The strong investor demand in this oversubscribed round is a testament to the clarity of Aukera’s equity story, the opportunities ahead and the team’s ability to deliver on its long-term vision. I’m proud to be part of this journey.'
MW&L Capital Partners and Rothschild & Co served as co-financial advisors to Aukera on the transaction.
About Aukera
Co-founded in 2021 by renewable energy executives Pascal Emsens and Catalin Breaban, Aukera focuses on developing, constructing, and operating solar PV, onshore wind, and battery storage projects, with a pipeline exceeding 15 GW across the UK, Germany, Belgium, Italy, and Romania. Headquartered in Brussels, the company operates offices in Brussels, London, Edinburgh, Berlin, Rome, and Bucharest. For more information, visit www.aukera.energy
Source: Aureka
