Next leap forward
To take the next leap forward and to evolve from a renewables native into the energy transition investment company of tomorrow, we defined three new strategic initiatives. Through this expansion, we aim to make use of the full spectrum of opportunities offered by the rapidly evolving energy transition space and our significantly expanded pipeline.
Why is Pacifico Renewables Yield AG becoming an anchor shareholder of clearvise AG?
Why is clearvise AG not being taken over?
What value does this expansion of Pacifico Renewables Yield AG’ business model create for its shareholders?
Is this a completely new strategy or just a strategic adjustment?
Will the new strategy be explained again in more detail?
What stands behind the “rebranding”?
What exactly is the content of the MoU with clearvise AG?
Why did Pelion convert at this conversion ratio?
The stake acquired in clearvise AG was supported by Arvantis Group’s renewable energy subsidiary Pelion Green Future. Jeremias Heinrich, Founder and Managing Director of the Arvantis Group: “We are committed to continuously support Pacifico Renewables to build a leading energy transition company. This step represents the beginning of a transition towards a broader business model, which is perfectly suited to benefit from a wide range of opportunities provided by the ongoing green energy revolution. Therefore, the exchange ratio of this transaction was only a secondary aspect for us.”
By when is the second step of the transaction supposed to be completed?
Together with clearvise AG, we are aiming to realize the second step by the end of the year.
What are the risks and challenges of the second step?
What happens if the second step fails?
The overall transaction makes so much sense for both companies that failure is not part of our mutual agenda. Separate from this, the first step in isolation already creates value for our shareholders.
Why doesn't Pacifico Renewables stick to what it does well?
That’s exactly what we are doing. We are a young, dynamic and agile company with the goal of accelerating the energy transition. We have built a profitable wind and solar farm portfolio in record time and demonstrated that we can channel equity and debt capital into the energy transition. That’s exactly what we’re continuing to do, and we’re looking forward to it.
How do you plan to convince institutional investors?
We already did so in past capital increases and just recently with UBS Asset Management for our first green loan. Our growth and our ability to structure complex transactions speak for ourselves.
What is happening to the pipeline?
Building our pipeline is undoubtedly one of our greatest successes in the past few years. In fact, it got “too big” to realize the full potential of this pipeline ourselves. That’s why we want to open up the pipeline to others such as clearvise AG and institutional investors.
Why do you have such great faith in battery storage systems?
We are convinced that battery storage systems will play a central role in the success of the entire energy transition. With the increasing expansion of renewable energies, our power grids are becoming more and more strained, as grid expansion is not progressing fast enough. Due to their flexibility, batteries can help here to cushion grid overloads and minimize fluctuations.
Will you also apply sustainability criteria to battery technology?
We apply sustainability criteria to everything we do.
What comes after battery storage?
The energy transition is full of exciting topics. Community solar is an exciting development with regard to decentralization, hydrogen is a topic that everyone is talking about, but it remains to be seen which topic will prevail.