GreenCap Partners is delighted to have acted as exclusive financial advisor to Octopus Energy on their second acquisition of renewable generation in Germany.

Octopus Energy acquired the Leeskow Onshore Wind Farm (Leeskow) from established German developer UKA. Leeskow is a 34.6MW operational wind farm located in the state of Brandenburg in between Cottbus and Dresden. It consists of seven Nordex N149 turbines with the majority of turbines commissioned in August and September of this year.

Sam Goss, Head of Investments at Octopus Renewables said: “This transaction marks another important milestone for us and significantly bolsters our presence in Germany. We would like to thank GreenCap Partners for their ongoing commitment and state of the art professionalism throughout this transaction. We are looking forward to completing further deals together. GreenCap’s dedicated sector expertise and valuable advice once again helped to deliver a great result for Octopus Energy.”

Philipp Hirche, Founder and Partner at GreenCap Partners, commented: “We are delighted to have advised renowned player Octopus Energy once again on their journey in one of our core markets, Germany, in a complex transaction in a highly dynamic market environment. We thank Octopus for their ongoing trust in GreenCap.”