ENERTRAG, one of the leading players in the renewable energy sector, has successfully concluded new financing totalling 120 million euros. The loan agreement signed with Commerzbank supports ENERTRAG's growth. The financing has a term of at least five years and also offers flexible extension and increase options to meet future growth needs.

With this medium-term investment loan, ENERTRAG is securing the opportunity to further expand its own energy plants and project development. As a leading provider of integrated power plants, ENERTRAG pursues a holistic approach that encompasses the development, construction and operation of wind, PV and electrolysis plants as well as the corresponding grid infrastructure.

The company benefits from a stable foundation of its own energy plants totalling over 900 MW and a full project portfolio. In the last six months alone, licences for almost 200 MW of new wind turbines have been obtained in Germany and are now being implemented. Overall, the development portfolio has grown to over 18 GW in the last three years - almost tripling since 2021. This includes 12 GW of wind projects and 3 GW each of photovoltaic and green hydrogen projects.

The financing from Commerzbank provides the company with solid financial backing to continue its growth in the interests of a successful future.

Simon Hagedorn, CFO of ENERTRAG, comments on the successful financing as follows: "Securing this medium-term investment loan is a milestone for ENERTRAG's growth strategy. We are grateful for the support of our long-standing partners, especially Commerzbank, who have been instrumental in helping us achieve our strategic goals."

Tim Koenemann, Head of Commerzbank's Competence Centre for Green Infrastructure Financing in Hamburg, added: ‘We are delighted to be able to support ENERTRAG's strategic development with this financing. This strengthens our decades-long collaboration. We see it as our strategic task to drive forward the energy transition and the transformation of the economy. We are convinced that this growth financing is a key instrument for ENERTRAG to achieve its goals and provides the foundation and necessary flexibility for the challenges of the project business."

ENERTRAG is a pioneer and trailblazer in the field of renewable energies and has established itself as a leading developer and operator of renewable energies and integrated power plants. With a clear focus on sustainability and innovation, the company is actively driving forward the energy transition and making a significant contribution to the transformation of the energy industry.