Solas Capital Strengthens Sustainability Commitment by Joining UN PRI
Solas Capital has formalized its dedication to responsible investing by becoming a signatory to the UN Principles for Responsible Investment (PRI). This strategic alignment with global sustainability standards reinforces the company’s position as a leader in sustainable finance. As advisor to the “dark green” Article 9 Solas Sustainable Energy Fund ICAV, Solas Capital continues its mission of bridging the gap between institutional investors and energy efficiency projects that deliver measurable environmental impact across the EU. 03.02.2025)
€20 Million Framework with KOOR to Transform Energy Efficiency Across Central Europe
Solas Capital AG has entered into a strategic €20 million Framework Agreement with KOOR Group to finance energy efficiency projects across Slovakia and Czechia.
Solas Capital Expands Solar PV Partnership with Quanta Energy
Solas Capital AG has strengthened its partnership with Quanta Energy S.A. through a new €10 million framework agreement to finance self-consumption solar PV projects for European automotive manufacturers.
Solas Capital Wins Prestigious Environmental Finance Award for School Retrofit Project
Solas Capital has received Environmental Finance’s “Impact project/investment of the year: Infrastructure” award for financing the comprehensive retrofit of educational facilities in Slovenia. The project demonstrates SSEF’s innovative approach to helping public institutions implement energy efficiency measures without upfront costs. Beyond delivering impressive annual energy savings of 757,387 kWh and reducing carbon emissions by 351,390 kg CO2e, the initiative has significantly enhanced the learning environment through improved lighting and ventilation systems. 16.12.2024
Strategic German Expansion: BaFin License Unlocks New Opportunities in Munich
Solas Capital has bolstered its European presence by establishing a new office in Munich and securing BaFin authorization for investment advice and brokerage services through its German subsidiary. This strategic move positions the sustainable investment specialist to better serve Germany’s growing green finance market and support its €220 million Solas Sustainable Energy Fund ICAV (SSEF). The Munich location enhances proximity to institutional investors and energy efficiency projects across Germany and the EU. 12.11.2024
Solas Sustainable Energy Fund Commits €20 Million to Boost Renewable Energy Projects Across Iberian Peninsula
SSEF has established a €20 million financing framework with ESE Ecotelia Industrial, a subsidiary of the Sorigué Group, to implement energy efficiency and decentralised renewable energy projects across Spain and Portugal. The partnership enables the 70-year-old construction and utilities leader to expand its ESCO services, offering clients energy-saving solutions through long-term PPAs and lease agreements. This collaboration reinforces SSEF’s footprint in the Iberian market while supporting decarbonization efforts in a region where buildings account for 40% of EU energy consumption. 23.10.2024
Solas Capital Partners with Capital Energy to Democratize Solar Access Across Iberian Peninsula
Solas Capital’s SSEF has formed a strategic alliance with Capital Energy to finance commercial and industrial self-consumption solar PV projects throughout Spain and Portugal. This framework enables Capital Energy to offer turnkey solar solutions through power purchase agreements without requiring upfront investment from clients. The partnership will deliver substantial benefits to customers, including average energy bill reductions of 30% and CO₂ emission cuts exceeding 20%, while providing institutional investors access to diversified sustainable projects with attractive risk profiles. 26.04.2024
€30 Million Partnership Between neoom and Solas Capital Drives Clean Energy Expansion
Solas Capital’s SSEF has established a framework agreement with neoom ag, providing an initial €20 million to finance decentralized energy projects across Germany and Austria. Through this partnership, neoom can offer zero-upfront-cost solar, storage, and charging solutions via innovative hire-purchase agreements. Customers benefit from comprehensive maintenance services and energy savings exceeding 30%, while eventually gaining full ownership of the systems. The collaboration strengthens SSEF’s portfolio with diversified B2B and B2C projects that deliver stable returns while supporting both companies’ mission to accelerate the clean energy transition. 19.3.2024
Solas Capital and Linklaters Partner to Accelerate Green Finance Innovations
Solas Capital and Linklaters have formed a strategic partnership to structure complex green debt investments across Europe. Their collaboration has already facilitated frameworks channeling over €100 million into energy efficiency and behind-the-meter PV projects, with projected annual CO₂ savings of 160,000 tonnes. Notable transactions include custom financing solutions for PAUL Tech’s AI-based heating optimization systems and Encore Efficiency’s industrial heat pumps. This partnership combines Solas Capital’s energy finance expertise with Linklaters’ regulatory knowledge to create tailored, off-balance-sheet financing that helps ESCOs offer zero-upfront-cost solutions. 20.02.2024
Solas Sustainable Energy Fund Finances PAUL Tech’s Energy-Efficient Heating Solutions in Germany
Solas Capital’s SSEF has committed €20 million to finance PAUL Tech’s innovative heating solutions for German multi-family residential buildings. Through AI-powered hydraulic balancing systems, PAUL Tech delivers 20-40% energy consumption reduction while improving property energy ratings and reducing tenant costs. The zero-upfront-cost Heating-as-a-Service model aligns with Germany’s reformed Building Energy Act and positions SSEF as a first mover in financing building heating decarbonization across Europe, supporting the country’s critical energy transition while providing stable cashflows for investors. 07.11.2023