News & Events
See the latest updates from Augusta & Co and learn about upcoming events
2024 Show more
Augusta & Co sells a 127MW French operating onshore wind portfolio to a newly established consortium of French and Belgian investors
Augusta & Co is pleased to announce the sale of one of France’s largest operational onshore wind portfolios to come to market in the last twelve months. The portfolio, situated in the North-East of France, comprises eleven wind farms and produces over 250GWh annually. This significant transaction in the French market attracted interest from both…
Read moreAugusta & Co advises on the sale of solar PV and BESS asset in Spain
Augusta & Co is pleased to announce an agreement to sell ib vogt’s 110MW solar PV project located in Segovia, Spain to Next Power V ESG, a fund managed by Next Energy Capital. Augusta acted as the exclusive sell-side financial advisor to ib vogt in this latest transaction for our client. As part of the sale, ib vogt will…
Read moreRedefining Energy: Ep150 The New Valuation of Wind Assets
Mortimer Menzel appears as a guest on Laurent Segalen and Gerard Reid‘s excellent podcast 🎙Redefining Energy to discuss European wind valuations and in particular how, despite various macro challenges, the market for wind assets is going from strength to strength. Redefining Energy
Read moreIn renewable energy, it pays to buy the power not the asset
Mortimer Menzel, Managing partner of Augusta and Co, speaks to Investment International about Augusta Investment Management’s institutional PPA product: In renewable energy, it pays to buy the power not the asset
Read moreAugusta & Co raises non-dilutive growth capital for leading European IPP
Augusta & Co is delighted to have acted as exclusive financial advisor to Sunly, a leading IPP in the Baltics and Poland, to raise a €300m debt facility. The financing will help accelerate the construction of c.1.3GW of solar, wind, storage and hybrid projects across Estonia, Latvia, Lithuania and Poland. This facility has been extended…
Read moreAugusta & Co advises on sale of Dutch onshore wind portfolio
Augusta & Co is delighted to have acted as exclusive financial adviser to a renowned European family office on the sale of 100% of its investment in a 66.2MW portfolio of six operating Dutch onshore wind farms to Energy Solutions Group (ESG), a leading producer of renewable energy in the Benelux region. Our client commented:…
Read moreAugusta & Co raises long-term capital for European Developer
Augusta & Co is pleased to announce the sale of a majority stake in a c.250MW portfolio of solar PV and onshore wind assets located across Spain, Portugal and Sweden to a fund managed by Victory Hill Capital Partners LLP, on behalf of SPAWER, a Spanish-based developer with a long track record in Iberia, the Nordics and Latin America. The portfolio…
Read moreAugusta sells stake in operating offshore wind farm
Augusta & Co is pleased to announce the sale of a c.40% stake in an operating offshore wind farm in the UK to two funds managed by Macquarie Asset Management (“Macquarie”), on behalf of funds managed by BlackRock Investment Management (“BlackRock”). The offshore wind farm is Lynn & Inner Dowsing (“LID”) and is located 5km…
Read moreAugusta wants to turn PPAs into an institutional asset class
Can power-purchase agreements (PPAs) be turned into an institutional asset class? London-based Augusta Investment Management argues that – done the right way – PPAs can indeed. It is all about choosing a suitable underlying asset, according to Augusta’s Mortimer Menzel. “We want to purse a unique private equity strategy and settled on what we thought…
Read moreAugusta & Co arranges large-scale debt financing package for Renewable Power Capital
Augusta & Co is pleased to announce its role as the exclusive financial adviser to Renewable Power Capital (RPC), backed by Canadian Pension Plan Investment Board, in securing one of the largest RTB wind portfolio financing packages in the Nordics for its flagship 553MW Ready-to-Build onshore wind portfolio in Sweden. Through bespoke multi-product structuring, the…
Read moreCongratulations to our new Partners
We are delighted to announce the promotion of two exceptional individuals, Romane Guitard and Harry Gibson, to the position of Partner at Augusta & Co in 2024.
Read moreIAM – Institutional Asset Management
Glad to announce that IAM- Institutional Asset Management- today features Augusta Investment Management (AIM) in a thought piece, highlighting the firm’s innovative and scalable approach to investment. AIM’s focus continues to bring significant additional capital to support the Renewable Energy sector. Mortimer Menzel, Managing Partner of Augusta & Co, sets out AIM’s solution for institutional…
Read moreAugusta closes 400MWp Irish solar deals
Augusta & Co is pleased to have closed two separate Irish solar deals totalling over 400MWp.
Read moreAugusta sells BlackRock’s Norwegian onshore wind portfolio
Augusta & Co is proud to have advised BlackRock’s Climate Infrastructure Group on the sale of a 365MW operating onshore wind portfolio in Norway to Eviny AS for an enterprise value of €537.5 million. The sale is subject to approval from the Norwegian competition authorities and is expected to close in the first quarter of…
Read more2023 Show more
Augusta advises on a fourth German onshore wind transaction in 2023
Augusta & Co is pleased to have advised Qualitas Energy, a leading investment and management platform focused on the energy transition, on an agreement to sell a 112.5MW German operating onshore wind portfolio to NeXtWind, a Berlin-based investor backed by Sandbrook Capital, PSP Investments and The Investment Management Corporation of Ontario (IMCO).
Read moreReal Assets Q&A: Mortimer Menzel, Augusta Investment Management
Gaining exposure to green energy real assets for institutional investors has previously been available for only the very largest strategic investors that were able to invest in power plants, wind farms and solar farms. Augusta Investment Management is unlocking this market for a broader swath of institutional investors via the use of power purchasing agreements,…
Read moreAugusta secures a c.€220m debt package for Neoen with access to merchant price upside
Augusta & Co is delighted to have acted as exclusive financial adviser to Neoen, a leading French independent producer of renewable energy, in raising senior debt financing for the construction of a 203MW onshore wind portfolio in Finland. The portfolio, located in Southern Finland, comprises three assets (Björkliden, Lumivaara and Storbötet) that are all contracted…
Read moreAugusta Investment Management’s institutional PPA strategy
Mortimer Menzel and Tristan Elbrick talk to Hugo Leask of Alternatives Watch about Augusta Investment Management’s institutional PPA strategy. Alternatives Watch Augusta Investment Management
Read moreAugusta supports EIP with minority sale of their 474MW wind farm in Sweden
Augusta & Co is delighted to have acted as exclusive financial adviser to Energy Infrastructure Partners (“EIP”) on the sale of a minority stake in the 474MW Nysäter onshore wind farm in northern Sweden.
Read moreAugusta secures buyer for a multi-technology and multi-jurisdiction operating portfolio
Augusta & Co is pleased to have advised Encavis Asset Management, a subsidiary of Encavis AG, in the sale of a portfolio of 93MW across 11 onshore wind and solar PV projects to an undisclosed buyer.
Read moreAugusta secures partner for 7.8GW fixed and floating offshore wind development portfolio
Augusta & Co is delighted to have advised Source Galileo on the formation of a multi-territory partnership for offshore wind with Ingka Investments, the investment arm of the IKEA global retail group.
Read moreAugusta secures sale of 337MW German and French onshore wind portfolio
Augusta & Co is pleased to have advised Christofferson, Robb & Company in the sale of a portfolio of 35 wind farms comprising 310MW in Germany and 4 wind farms comprising 27MW in France to Statkraft.
Read moreAugusta supports large German family office in substantial UK offshore wind investment
Augusta & Co is pleased to have advised a large German family office in forming a partnership with Schroders Greencoat to acquire a 25% stake in the London Array offshore wind farm from Ørsted. The transaction was valued at £717 million. At 630MW, London Array remains one of the largest offshore windfarms globally. The farm…
Read moreAugusta leads floating offshore wind consortium formation in Norway
Augusta & Co is delighted to have led the consortium formation process on behalf of its client Source Galileo to create a four-way partnership to bid into the 500MW Utsira Nord floating offshore wind tender in Norway.
Read moreAugusta Investment Management has agreed a 15 year PPA with Uniper for c. 350GWh annually
Augusta Investment Management (“AIM”), backed by Ampega Asset Management, has closed a 15-year, 5.3TWh power purchase agreement with Uniper subsidiary Sydkraft Hydropower for a portfolio of 15 hydropower assets in Swedish price areas SE2 and SE4. This PPA increases AIM’s Nordic reservoir hydropower portfolio to more than 2TWh of annual generation across more than 20…
Read moreAugusta secures sale of 149 MW Spanish solar project for ib vogt
Augusta & Co is delighted to announce the sale of ib vogt’s 149MW Garnacha solar PV project in Spain to ERG for an enterprise value of €170m.
Read moreDebt refinancing of 171MW Finnish onshore wind portfolio
Augusta & Co is delighted to have acted as exclusive financial advisor to Renewable Power Capital (RPC) in arranging the refinancing of its wholly owned 171MW Finnish onshore wind portfolio. The portfolio comprises three assets that reached commercial operations in Q1-23: Merkkikallio, Puutikankangas, and Rustari.
Read moreAcquisition of a German onshore wind developer
Augusta & Co is delighted to have acted as exclusive financial adviser to Qualitas Energy, manager of Q-Energy Fund V, on the fund’s acquisition of DunoAir Windpark Planung GmbH, the German business of the developer DunoAir.
Read moreMarguerite sells Swedish onshore wind portfolio to Aneo
Augusta & Co is delighted to have acted as exclusive financial adviser to Marguerite on the sale of 100% of its share capital in an 88.8MW portfolio of operating Swedish onshore wind farms to Aneo Production Holding, the newly established Nordics onshore wind Joint-Venture between TrønderEnergi and Hitecvision.
Read more2022 Show more
Augusta supports DIF on its investment in a leading solar-as-a-service platform
Augusta & Co is delighted to have acted as exclusive financial adviser to DIF Capital Partners as manager of DIF Fund VII (together “DIF”) on its investment in Alight AB (“Alight”), one of Sweden’s leading grid-scale and behind-the-meter solar developers.
Read moreSubsidy-free Renewables Summit 2022
Join us at inspiratia’s Subsidy-free Renewables Summit next week, where Charlie Hodges and Romane Guitard will discuss the financing of merchant projects and Europe’s race to decarbonise as the energy transition accelerates. https://sfr-london.com/
Read moreMoving to Merchant at Financing Wind Europe
Join us at Financing Wind Europe to discuss this market phenomenon; how it has been delivered and the prospects for its future. Simon Clement-Davies, a Partner at Augusta & Co, will moderate the panel ‘Moving to Merchant’ with Bob Psaradellis, Jean Vercoutter, and Dennis Breugelmans. www.financingwind.com
Read moreAugusta secures Asian strategic for major UK renewables portfolio
Augusta & Co is delighted to have acted as exclusive financial adviser to Capital Dynamics in the sale of 100% share capital in a 97.3MW portfolio of operating UK onshore wind farms to Vantage RE, the wholly-owned subsidiary of Malaysian utility Tenaga Nasional Berhad. The portfolio is widely distributed across the UK and benefits from…
Read moreMirova et RIVE Private Investment cèdent leur portefeuille éolien terrestre à BKW AG
Augusta & Co est ravi d’avoir agi en tant que conseil financier exclusif de Mirova et de RIVE Private Investment (“RIVE”) dans le cadre de la cession de six parcs éoliens en exploitation, totalisant 105,7MW à BKW Energie AG (“BKW”), une des plus importantes entreprises suisses de fourniture d’électricité.
Read moreMirova and RIVE Private Investment sells onshore wind portfolio to BKW AG
Augusta & Co is pleased to have acted as exclusive financial adviser to Mirova and RIVE Private Investment (“RIVE”) on the sale of six operating onshore wind farms, totalling 105.7MW to BKW Energie AG (“BKW”), the listed Swiss energy and infrastructure company.
Read moreGruenwald Equity sells combined heat & power geothermal plant to Equitix
Augusta & Co is delighted to have acted as exclusive financial adviser to Gruenwald Equity and related shareholders in the divestment of Gruenwald Equity Geothermie GmbH to a fund managed by Equitix, a leading long-term fund manager of core infrastructure assets. The transaction represents Equitix’s first investment in the German geothermal sector.
Read moreMerchant debt financing for RTB wind farm in Finland
Augusta & Co is delighted to have acted as exclusive financial adviser to Valorem, the independent French green energy producer, in an innovative transaction to raise fully merchant long-term debt for the construction of a 149MW wind farm in Finland.
Read moreFinancement marchand d’un parc éolien prêt-à-construire de 149MW en Finlande
Augusta & Co a agi en tant que conseil financier exclusif de Valorem, producteur indépendant majeur d’énergie verte en France, dans le cadre de la levée d’un financement long terme, intégralement marchand, visant à financer la construction d’un parc éolien de 149MW en Finlande.
Read moreVALOREM sells the Kalistanneva wind farm to HELEN and ALANDSBANKEN
Augusta & Co is delighted to have acted as exclusive financial adviser to Valorem, the pioneering French green energy producer, in the sale of the 165MW ready-to-build wind project ‘Kalistanneva’ in Finland. The project has been sold to a consortium of Helen Oy, the regional utility of Helsinki, and Ålandsbanken Wind Power Fund, an open-ended…
Read moreVALOREM vend le parc éolien de Kalistanneva à HELEN et ALANDSBANKEN
Augusta & Co a agi en tant que conseil financier exclusif de Valorem, producteur indépendant majeur d’énergie verte en France, dans le cadre de la cession du parc éolien prêt-à-construire de 165MW « Kalistanneva » en Finlande. Le parc a été vendu à un consortium composé de Helen Oy, le fournisseur d’électricité régional d’Helsinki, et…
Read moreAugusta & Co strengthens its senior investment banking team
Augusta & Co welcomes Shyam Sankar, Johnathan James, and Anmol Gauba to the company.
Read moreCongratulations to our new Partners
Augusta & Co is delighted to announce the promotion of Øystein Stavli and Charlie Hodges to Partner.
Read more2021 Show more
Inspiratia Energy & Sustainability Awards
We are proud to have won the award for Outstanding Financial Adviser 2020-2021 at the Inspiratia Energy & Sustainability Awards.
Read moreLe marché des corporate PPA est-il prêt à décoller en France?
Un nombre croissant de CPPAs long-termes ont été signés en France au cours des 18 derniers mois, incluant des contrats très visibles signés par l’opérateur ferroviaire français SNCF ou des accords plus récents avec des entreprises commerciales de premier plan telles qu’Orange et Amazon. Cette activité confirme la demande croissante d’entreprises de premier rang pour…
Read moreCorporate PPA market ready to take off in France
A growing number of long-term corporate power purchase agreements (CPPAs) has been signed in France in the last 18 months, including high-profile deals signed by French rail operator SNCF as well as more recent deals with leading commercial corporates Orange and Amazon. This shows that demand from high-quality offtakers, coupled with evolving market conditions, is…
Read moreAugusta & Co a agi en tant que conseil financier vendeur exclusif pour Voltalia pour la cession d’un portefeuille éolien terrestre au fonds Crédit Mutuel Siloé infrastructures
Augusta & Co est heureux d’avoir agi comme conseil financier pour Voltalia dans le cadre de la vente d’un portefeuille éolien terrestre de 35,2 MW en France en faveur du fonds Crédit Mutuel Siloé Infrastructures.
Read moreAugusta advises Treïs and Ernst Rosén on sale of majority stake in Rabbalshede Kraft
Specialist financial advisory to the renewables sector oversees sale of combined 50.8% stake in leading Nordic IPP to Canadian infrastructure fund TD Greystone Augusta & Co. (Augusta), a specialist financial advisory to the renewable energy industry, has announced that it has advised Treïs Group (42.7%) and Ernst Rosén (8.1%) on the successful sale of their…
Read more2020 Show more
4 factors driving the financial feasibility of battery storage
As old thermal capacity is switched off and growth in renewables creates issues for grid management and balance, more system flexibility is needed for grid operators. One solution is new build storage, but new build economics are currently challenging. Over 95% of the world’s operating energy storage is pumped storage, but new assets typically require…
Read moreRole of the mid-market in a world of megafunds: Is there better value in the mid market?
Mortimer Menzel will be speaking and moderating the panel at 2.40pm Wednesday 30th of September at the SuperReturn Global Infrastructure conference: Role of the mid-market in a world of megafunds: Is there better value in the mid market? Mega funds at one end and specialists at the other: what does this mean for the mid-market…
Read moreQuality development pipelines critical to European renewable energy market success
Pipeline and platform M&A activity picking up in France and across Europe amid significant rising demand from strategic and financial investors chasing higher returns and looking to secure assets earlier European developers must take advantage of the fierce competition and ensure they thoroughly demonstrate ‘future value’ of their pipelines Paris, 29th September 2020 – With…
Read moreDes pipelines de développement de qualité sont essentiels au succès du secteur des énergies renouvelables en Europe
Les ventes de pipelines et de plateformes de développement d’énergies renouvelables se multiplient en France et dans toute l’Europe soutenues par une hausse considérable de la demande des investisseurs stratégiques et financiers, à la recherche de meilleurs rendements et d’une sécurisation plus précoce des actifs Les développeurs européens doivent tirer parti de la concurrence féroce…
Read moreWhile PPA usage is set to proliferate, investors’ merchant appetite will also increase, by ENERGY REV
The European market will see a continued rise in the financing of PPA-backed renewable energy projects over coming months. However, investors may also push to increase their merchant exposure, both due to a desire to capture higher returns and in the face of a potential shortfall in available offtake deals Europe’s renewables market saw a…
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