German energy provider MVV acquires roof PV provider and also sister firm

• German energy distributor MVV Energie AG has gotten all the shares of AVANTAG Energy S.à r.l as well as its sister business Philipp Rass Energy GmbH for an undisclosed amount.

The purchase "complements MVV's portfolio in the German market", according to the company as both acquired parties are specialists in solar project growth in the German industrial, business as well as the real estate markets.

AVANTAG Energy's solutions focus on rooftop PV systems with a ranked result from 100kWp up to the largest roofing system locations of up to 1MW.

" With this acquisition, MVV is supplementing its PV offering in this segment, hence allowing service customers to create climate-friendly electrical energy with roof PV systems," stated the company.

MVV stated that the acquisitions were the "excellent enhancement" to its portfolio as rooftop PV supplier AVANTAG would certainly "ideally satisfy expanding consumer demand in the business consumer segment".

" With AVANTAG's roof PV options, we can preferably complement our modular solution residence and also offer our organization customers holistic, decentralised as well as CO2-neutral options on website to shape their private energy shift along with them," claimed Joachim Hofmann, taking care of director of MVV Enamic.

" By doing this, our clients can not just convert their production to climate-neutral electrical power, yet likewise charge the growing fleet of their very own e-vehicles and also the e-cars of their employees CO2-free."