Capcora has facilitated the successful acquisition of eno energy's French subsidiary by Qair, ensuring operational continuity amid insolvency challenges.

Information on the Target

eno energy GmbH, a German company based in Rostock and Rerik, specializes in the manufacturing and development of onshore wind energy systems. Founded in 1999, eno energy has established itself as a reputable entity in the wind energy sector, known for its high-quality wind turbines and comprehensive turnkey solutions for wind power projects. With a workforce of approximately 300 employees, the company leverages decades of experience to provide customized, high-performance, and sustainable solutions for its clients.

Recently, eno energy faced significant operational challenges, culminating in a declaration of insolvency in early December, leading to a cessation of turbine production and resultant job impacts. The company’s management deemed it essential to initiate a strategic M&A process to safeguard ongoing project development, operations, and maintenance services while exploring future opportunities within the renewable energy space.

Industry Overview in France

The renewable energy sector in France represents a critical component of the nation's energy strategy, with increasing investments in onshore and offshore wind projects. The market's growth is driven by supportive government policies and a commitment to r