Düsseldorf / Luxembourg, September 9, 2021 – The international consulting firm Baker Tilly has advised Commerz Real’s klimaVest Fund on a cooperation with Ampyr Solar Europe. The cooperation’s objective is the financing of several solar projects in Germany. Ampyr Solar Europe is a joint venture between AGP Sustainable Real Assets, Hartree Partners and NaGa Solar Holding B.V.
The consulting services of the teams around Baker Tilly partners Christian Wegener, Tax Advisor (Transaction Tax, lead), and Nils Klamar (Financial, co-lead) included, inter alia, commenting on the transaction documents, reviewing the financial model and the cooperation’s tax structuring. Further team members were Senior Manager Björn Prawetz (Financial), Manager Dr. Christiane Krüger, Attorney-at-Law (Transaction Tax), and Junior Manager David Aberle (Financial).
klimaVest is an investment fund that combines the themes of "sustainability" and "RoR" (rate of return) for private investors in the form of an "impact fund". Thanks to its conception as an ELTIF, klimaVest is an impact fund that primarily makes sustainable tangible investments such as onshore and offshore wind farms or photovoltaics accessible to private investors as a diversified portfolio. Thus, klimaVest combines RoR and economic parameters, at the same time compensating for the personal carbon footprint.
More information on klimaVest are available at: www.klimavest.de
About Commerz Real
Commerz Real, a company of Commerzbank Group, is committed to making tangible assets available and financing them as a financial investment with around 780 employees. Whether real estate, solar parks, pipeline networks or production facilities: Commerz Real focuses on attractive tangible investments. Comprehensive asset management know-how and broad structuring expertise are bundled into investment products for private and institutional investors, individual financing structuring for commercial projects and alternative financing solutions for corporate clients. This also includes making existing products sustainable by managing the portfolios according to ESG (environment, social, governance) criteria.
More information on Commerz Real are available at: www.commerzreal.com