Astris Finance has appointed Dennis Schröder as Managing Director in Munich to strengthen its position in Europe's largest renewable energy market and the DACH region.

Target Information

Astris Finance, a premier independent financial advisory firm focusing on energy transition, has announced the hiring of a Managing Director in Germany to enhance its operations within Europe’s largest renewable energy market and the broader DACH region, which includes Germany, Austria, and Switzerland. Established ten years ago with a Paris office and five years ago in Madrid, Astris has successfully handled over 150 transactions in the European renewable sector, raising more than €10 billion in debt financing and managing approximately 70 processes across ten countries. Its holistic advisory approach and in-depth knowledge of local markets have positioned Astris as the leading financial advisor in European renewable energy, as evidenced by its top ranking in the IJ Global League Tables for the past three years.

Among its notable projects in Germany, Astris recently facilitated the €150 million senior debt raise for the Bartow solar project, developed by Encavis, which is now under the ownership of a KKR-led consortium. This 260 MWp solar facility, located in Mecklenburg-Vorpommern, sells most of its energy output to LyondellBasell under a 12-year power purchase agreement.

Industry Overview

The renewable energy sector in Germany has emerged as a focal point for investment, driven by the country’s status as Europe’s largest electricity consumer and its dynamic renewable market. The modified Climate Change Act of June 2021 establishes a net-zero target for 2045