GreenCap is pleased to have acted as buy-side advisor to Galileo on its investment in ENVIRIA, a German solar energy start-up which specialises in B2B solar-centric energy solutions and Energy-as-a-Service concepts.
ENVIRIA will use the new capital to scale up and further develop its solar rooftop solar business, while taking decisive steps towards becoming a leading renewable energy utility aimed specifically at the business sector.
Filippo Chiesa, CIO of Galileo says “We are delighted to become a shareholder of such a dynamic and innovative company, supporting them in their very fast expansion under the leadership of a highly competent and forward-looking CEO. We would like to thank GreenCap Partners for their trusted advice in this transaction based on their dedicated sector expertise, and we are looking forward to completing other deals together.”
Philipp Hirche, Founder and founding partner at GreenCap Partners, commented: “We are delighted to have advised Galileo on this investment in Germany, taking a strategic position in the solar rooftop business, which is poised to scale substantially over the coming years. With this transaction, we continue to strengthen our position as a boutique financial adviser in the renewable energy industry in Germany.”