Announced

DIF Capital Partners to acquire a 51% stake in ib vogt.

Synopsis

DIF Capital Partners, a global independent fund manager, agreed to acquire a 51% stake in ib vogt, a solar energy company in Berlin, Germany. Financial terms were not disclosed. "We are delighted to partner with DVV and the ib vogt team, who have proven to be one of the leading solar development platforms globally. The development, construction and operation of solar energy and battery storage plays a vital role in the decarbonisation of electricity markets across the world and we believe ib vogt is well placed to play a major role in this. We are excited to support the company and the highly experienced management team in the next phase of its growth, realising ib vogt’s impressive pipeline and continuing the transformation from a developer into a global IPP," Gijs Voskuyl, DIF Partner and Head of Investments.

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