The Hamburg-based company is a renewable energy platform focused on developing, acquiring, and operating solar and wind farms across Europe as well as in Latin America. Since its inception in 2016, BEE has demonstrated strong growth, enabled by its fast-scaling platform. The company operates 67 solar and 13 wind power plants in eight countries with a power generation capacity of around 1.3 GW and has already secured a significant and highly visible pipeline. Blue Elephant Energy benefits from the global energy transition, which is driving significant structural growth in renewable energy markets. As part of its latest energy policy amendment, the German government has set itself the goal to increase the share of renewable energy to at least 80% of gross electricity consumption by 2030, which requires significant buildout of solar and wind capacity. The European Union has also committed to reducing its CO2 emissions by at least 55% by 2030 and is aiming for climate neutrality by 2050. Against this background, Antin will support BEE’s experienced management team to unlock the company’s full potential within the fast-growing renewable energy market. BEE has a proven and highly scalable business model and the strategic partnership with Antin will allow the company to drive organic growth and significantly expand its international generation capacity. BEE is consistently expanding its development portfolio of solar and wind projects, while also exploring new opportunities in adjacent segments.
Blue Elephant Energy (BEE) develops, acquires, and operates solar parks and wind farms in eight countries with a focus on Western and Central Europe (Germany, France, Greece, Italy, the Netherlands, and Spain) with some exposure to Latin America. Founded in 2016, BEE is currently operating a renewable energy portfolio of c.1.3GW of contracted capacity. BEE´s renewable energy assets contribute to sustainable energy supply by saving 506,000 tons of CO2 annually and providing 359,000 households with clean energy in 2021. As part of its ESG strategy, BEE directly contributes to social projects on a local level, particularly in Chile and in the Dominican Republic. Antin Infrastructure Partners is a leading private equity firm focused on infrastructure. With over €22 billion in assets under management across its Flagship, Mid Cap and NextGen investment strategies, Antin targets investments in the energy and environment, telecom, transport, and social infrastructure sectors.