Quadoro, EB-SIM Acquire German Solar Parks for QEEE Fund

• Quadoro and EB-SIM's QEEE fund powers up with 25.9 MWp solar parks in Germany, boosting sustainable energy investments and targeting 5-6% annual returns.

A partnership between Quadoro Investment GmbH, part of the Doric Group, and EB-Sustainable Investment Management GmbH (EB-SIM) has acquired two solar parks in Germany, developed by ABO Energy. These parks, with a combined capacity of 25.9 MWp, are the first investments of the Quadoro Erneuerbare Energien Europa (QEEE) fund. The Treuenbrietzen solar farm in Brandenburg has a capacity of 8.3 MWp, while the Bruchweiler site in Rhineland-Palatinate offers 17.6 MWp and benefits from a power purchase agreement alongside the German Renewable Energy Sources Act tariff.

Both solar parks were connected to the grid in June. The QEEE fund, an open-ended Article 9 mutual fund, is a collaboration between Quadoro and EB-SIM, aiming for an annual target return of 5% to 6% by expanding sustainable energy infrastructure. The acquisition marks a significant step in the fund's strategy to invest in renewable energy projects across Europe.

What are the details of Quadoro and EB-SIM's first solar park investments in Germany?

• The Treuenbrietzen solar farm is located in the state of Brandenburg, Germany.
  
• The Bruchweiler solar park is situated in Rhineland-Palatinate, Germany.
• The combined capacity of the two solar parks is 25.9 MWp.
  
• The Treuenbrietzen site has a capacity of 8.3 MWp.
  
• The Bruchweiler site has a capacity of 17.6 MWp.
  
• The Bruchweiler site benefits from a power purchase agreement.
  
• Both solar parks were connected to the grid in June.
  
• The QEEE fund is an open-ended Article 9 mutual fund.
  
• The fund aims for an annual target return of 5% to 6%.
• The acquisition is part of a strategy to expand sustainable energy infrastructure across Europe.