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Cube Green Energy Acquires Maiden Onshore Wind Assets in Germany



Cube Green Energy, a renewable energy transition platform recently established by I Squared Capital, has made three strategic investments in operating onshore wind projects across two states in Germany, totalling 28 MW.


The acquired wind farms consist of 17 WTGs and an average operating life of 21 years. Cube Green Energy will work on increasing the energy generation at the sites through upgrading and repowering the existing technology, contributing to Germany’s net zero goals. To address the challenges of renewable energy intermittency, Cube Green Energy will work with local stakeholders to optimise the sites for potential storage solutions, including utility-scale batteries. When fully realised, energy capacity and generation at the sites is expected to more than triple, with storage solutions making renewable energy a viable alternative for local consumers and industrial users who require a 24/7 uninterrupted electricity supply.


The acquisitions follow the launch of Cube Green Energy in Oct 2021 and build on the stated ambition to initially commit US$500 million over the coming years to build Cube Green Energy into a leading renewables IPP (independent power producer) that can help enable Europe’s transition to a zero-carbon economy. Deploying the team’s strong financial capabilities and energy expertise, Cube Green Energy continues to evaluate additional acquisition opportunities in continental Europe, including in Germany.


About Cube Green Energy


Cube Green Energy is an independent power producer and developer focussed on the repowering of onshore wind farms and deployment of PV and battery storage solutions in Continental Europe.

A portfolio company of I Squared Capital, Cube Green Energy has a mission to accelerate Europe shift to a zero-carbon economy by upgrading and repowering existing onshore wind farms, developing new renewable energy farms and deploying state-of-the-art battery storage solutions to enable a 24/7 renewable energy future. For additional information about Cube Green Energy, please visit our website at www.cubegreenenergy.com/



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Cube Green Energy

Hussain Shalchi

Chief Operating Officer & General Counsel

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