I Squared-backed Cube Green Energy to acquire a controlling stake in SUNfarming.

I Squared-backed Cube Green Energy, a renewable energy producer, agreed to acquire a controlling stake in SUNfarming, a German photovoltaic (PV) developer and independent power producer. Financial terms were not disclosed. “Joining forces with SUNfarming presents Cube Green Energy with significant synergies in its existing onshore wind development business and neatly complements our strategy to implement innovative solutions for a future with 24/7 renewable energy. Cube Green Energy is delighted to have found a partner in SUNfarming that shares our values, and we look forward to working with such a highly successful and diversified renewables platform in Germany,” Raghuveer Kurada, Cube Green Energy CEO.