Aukera, a Europe-based renewable energy developer and independent power producer, has secured €14 million (~$16.28 million) in senior financing for the development of its Erisweiler I and II solar projects, totaling 37.48 MW in Germany. Volksbank Sauerland eG provided the funding for the projects.
The deal marks Aukera’s first project financing in the German market, signaling a significant step in the company’s strategy to expand its long-term renewable energy portfolio across the country. Capcora acted as the exclusive financial advisor for the transaction.
The transaction sets a precedent for future cooperation between Aukera and Capcora, paving the way for accelerated solar deployment across Germany.
“This financing represents a significant milestone for Aukera Energy as we advance our first projects in the German market,” said Kemal Keskin, Managing Director Germany at Aukera Energy. “We are delighted to partner with Volksbank Sauerland eG, a trusted regional banking institution, as we establish our long-term presence in Germany.”
Alexander Enrique Kuhn, Managing Partner at Capcora, added: “We are proud to support Aukera Energy in its debut project financing in Germany. While larger, more flexible debt structures are gaining traction, the importance of cultivating strong relationships with local and regional banks for traditional project financing should not be underestimated.”
Previously, this year, in September, the company also announced the closing of an oversubscribed €105 million (~$124 million) equity round. The round saw participation from existing investors, which included Aukera’s majority shareholders, AtlasInvest, and Reggeborgh.
According to Mercom’s 1H and Q2 2025 Solar Funding and M&A report, large-scale project funding increased by 65% in the first half of 2025 compared to the same period in 2024.
In September, Econergy, an independent renewable energy power producer, secured approximately €58 million (~$68 million) in financing to support a portfolio of solar projects totaling 64.3 MW in Italy.
