Transportation on rail is already regarded as a sustainable and climate-friendly alternative to transportation via roads. To further improve its carbon footprint, Deutsche Bahn currently covers around 65 percent of their demand with green electricity. For the next two years, part of the energy required for this will come from the Kogel-Leizen solar park. To this end, DB Energie has now entered a Power Purchase Agreement (PPA) for approximately 18,000 MWh annually via the internationally active asset manager re:cap global investors AG. The company manages the solar park in Mecklenburg-Vorpommern for the FP Lux Group. The Kogel-Leizen solar park has a capacity of 27.8 MWp and has been connected to the power grid since 2021
Less CO2Emission on the Rails thanks to Solar Power from Kogel-Leizen
Thomas Seibel, CEO of re:cap global investors AG, says: “We are pleased to have gained a strong customer for our Kogel-Leizen solar park in Deutsche Bahn for the next two years – at the same time we contribute to reducing CO2 emissions in the transport sector. By entering PPAs, we create a constant cash flow for our investors. Contracts like the one with Deutsche Bahn play an important role in increasing the attractiveness of our funds.”
Portfolio with Total a Capacity of 400 MWp from Renewable Sources.
The Kogel-Leizen solar park is part of the RE Infrastructure Opportunities fund portfolio. The fund was designed specifically for institutional investors and invests exclusively in renewable energy projects. With 16 projects at 30 locations in seven countries, the portfolio now reaches a total capacity of over 400 MWp. With a volume of 290 million euros, the fund successfully completed its final closing at the beginning of 2023. With the FP Lux Energy Transition Fund, re:cap is currently preparing a successor fund. A first closing is planned for late summer 2023