Water hyacinth, REM CAPITAL and 200,000 tons of avoided CO2 – how does that fit together?

Water hyacinth, REM CAPITAL and 200,000 tons of avoided CO2 – how does that fit together?

Water hyacinth, REM CAPITAL and 200,000 tons of avoided CO2 – how does that fit together?

Sustainable development in Kenya: For years, Lake Victoria has suffered from overgrowth by water hyacinth – one of the most harmful weeds in tropical and subtropical regions. Due to lack of natural enemies, lack of utilization and excellent growing conditions, the plant has spread enormously. In 1998, 17,200 hectares of the lake’s surface were covered by it; by 2018, it already covered about 60,000 hectares. For years, it has been fought against in vain.

 

The solution will now be realized with the help of REM CAPITAL AG: The “Homa Bay Biogas” project will use water hyacinth from Lake Victoria to produce biogas and organic fertilizer as well as green electricity. Specifically, this will use anaerobic digestion as an energy-efficient method of processing biomass. The fermentation process converts water hyacinth into biogas. The microorganisms used break down the organic matter and convert the organic biomass into biogas (biomethane + biocarbon dioxide) and organic fertilizer. The energy-rich biogas is then used to generate green electricity and heat.

 

Agriculture benefits of it particularly, which can be farmed more sustainably in the future thanks to inexpensive organic fertilizer. In addition, 250 direct and several hundred indirect local jobs will be created. The power supply will also be stabilized for the Kenyan power grid. The amount of electricity generated can supply up to 410,000 households in Kenya with energy.

But there are further benefits: By removing water hyacinth from the lake – allowing 2,500 hectares to be continuously cleaned each year – fishermen once again will have access to the lake. Last but not least, the project will avoid around 200,000 tons of CO2 every year. This corresponds to the absorption capacity of 16 million trees per year.

 

REM CAPITAL AG has been commissioned to provide equity and debt financing as well as financial structuring and is also assisting with the commercial structuring of the project as well as general project development.

 

The project is the first biogas plant of its kind in Kenya to sustainably combine environmental measures with infrastructure development. It meets all UN Sustainable Development Goals (SDGs) and is expected to be completed in 2023.

News

A huge step for renewable energy in the Netherlands

A huge step for renewable energy in the Netherlands

Windpark Krammer: REM Capital advises transaction processNew partner for the “Windpark Krammer”: The independent French renewable energy producer “Kallista Energy” acquires 40% of the capital of “Windpark Krammer” in the Netherlands. “REM CAPITAL” acted as the...

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Home Office Story during COVID-19

Home Office Story during COVID-19

Stay informed by reading the latest articles from your financing and funding expert!When the number of new infections in Germany and Europe jumped at the beginning of March 2020, we and our employees discussed how we could do our work from “home offices”. Since...

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A huge step for renewable energy in the Netherlands

A huge step for renewable energy in the Netherlands

A huge step for renewable energy in the Netherlands

Windpark Krammer: REM Capital advises transaction process

New partner for the “Windpark Krammer”: The independent French renewable energy producer “Kallista Energy” acquires 40% of the capital of “Windpark Krammer” in the Netherlands. “REM CAPITAL” acted as the transaction advisor for the seller “Enercon”. Windpark Krammer is considered to be state of the art and very progressive in the way how it was developed. The winners are also the two local cooperatives who own 60% of the share together. They will find in Kallista, who is backed by Dutch Pension Funds, a strategic partner with top tier knowledge and great experience on operating wind farms.

Windpark Krammer is an onshore wind farm of 102 MW located in the province of Zeeland, around 30 km South-West of Rotterdam. It consists of 34 Enercon E-115 wind turbines (3 MW capacity and 122 metres hub height), built along the ‘Philipsdam’ dikes bordering lake Krammer. It was commissioned in March 2019. The project was initiated by residents who, after having contributed to its development and construction, manage the wind farm through the cooperatives they have created. 60% of the wind farm is owned by two cooperatives, Deltawind and Zeeuwind (DZH), which regroup around 5,000 members. Kallista Energy, backed by funds advised by Ardian on behalf of APG and AXA, its institutional shareholders, acquires the shares that were held by Enercon (EIPP GmbH).

Around 365 GWh of renewable electricity are produced each year by Windpark Krammer. The wind turbines will avoid the emission of more than 4 million tonnes of CO2e during their lifetime.

German finance consultancy REM Capital AG was in charge of the M&A advisory for this transaction. The company is specialized in the structuring and development of financing and subsidies. REM CAPITAL supports the implementation of investment and innovation projects and the optimization of their financing structures.  The REM CAPITAL team in this case was lead by Casper Sikkema and Stephan Weissinger.

“This project is a great success for all participants – and especially for the environment”, said Jan Bewarder, executive board member of REM CAPITAL. “With our interdisciplinary teams of financing specialists and engineers, REM CAPITAL is able to combine fields of expertise from the areas of financing and technology in a unique way and thus competently accompany demanding investment and funding projects and create added value. I would like to thank everyone involved for the great cooperation.”

Frédéric Roche, President of Kallista Energy, said: “Windpark Krammer illustrates perfectly how enterprising spirit combined with expert wind technology can enable thousands of inhabitants to act for energy transition in their region. The long-term commitment of Kallista Energy and of its institutional shareholders is perfectly aligned with the vision of the other partners in this project”.

Bram van Noort, Country manager Dutch Branch at ENERCON said: “In Kallista we find a trustful and pragmatic partner with whom we are glad to continue to collaborate both as service provider for WindPark Krammer and as supplier and project partner for other onshore projects in the Netherlands and in other markets of our new sales region. We are looking forward to realize additional landmark projects and prototype sites and continue to drive forward the energy transition in Europe together”.

News

A huge step for renewable energy in the Netherlands

A huge step for renewable energy in the Netherlands

Windpark Krammer: REM Capital advises transaction processNew partner for the “Windpark Krammer”: The independent French renewable energy producer “Kallista Energy” acquires 40% of the capital of “Windpark Krammer” in the Netherlands. “REM CAPITAL” acted as the...

read more
Home Office Story during COVID-19

Home Office Story during COVID-19

Stay informed by reading the latest articles from your financing and funding expert!When the number of new infections in Germany and Europe jumped at the beginning of March 2020, we and our employees discussed how we could do our work from “home offices”. Since...

read more
Home Office Story during COVID-19

Home Office Story during COVID-19

Home Office Story during COVID-19

Stay informed by reading the latest articles from your financing and funding expert!

When the number of new infections in Germany and Europe jumped at the beginning of March 2020, we and our employees discussed how we could do our work from “home offices”. Since personal meetings on-site at our clients’ premises were part of our daily work, it was hard for us to imagine at the beginning of the corona crisis how we could support our clients from home offices.

But how was it when we “took off for our home offices” on 16 March 2020?

Since we had the already existing technical infrastructure, we were all able to pull together on Day 1 at home and handle our financing projects as usual. When the largest government aid programme of all time, the Corona rescue aid provided by the KfW, was announced a short time later, we were able to present the details of the corona special programmes to our clients in well-attended webinars and answer detailed questions. Thanks to our expertise in the area of “promotional loan and subsidy advice”, we were able to directly contribute our many years of experience and support numerous SMEs as sparring partners and active “implementers” in applying for corona aid.

Countless video conferences with clients and daily coordination rounds with colleagues during the 12 weeks of pure “home office” let us remain in personal contact. Unforgettable moments when pets “walked” through the camera feed as well as a personal impression of colleagues’ home offices have contributed to the fact that we as a team have grown even closer together. At the same time, the shared experiences and the intensive hours spent in web conferences have brought us together.

After 12 weeks in the home office, we were overjoyed that a little normality returned to our daily lives in the middle of June. After drafting a jointly prepared hygiene concept and arranging rotating office staff, we now again have the opportunity – with appropriate social distancing – to handle projects together as a team on-site.

News

A huge step for renewable energy in the Netherlands

A huge step for renewable energy in the Netherlands

Windpark Krammer: REM Capital advises transaction processNew partner for the “Windpark Krammer”: The independent French renewable energy producer “Kallista Energy” acquires 40% of the capital of “Windpark Krammer” in the Netherlands. “REM CAPITAL” acted as the...

read more
Home Office Story during COVID-19

Home Office Story during COVID-19

Stay informed by reading the latest articles from your financing and funding expert!When the number of new infections in Germany and Europe jumped at the beginning of March 2020, we and our employees discussed how we could do our work from “home offices”. Since...

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REM CAPITAL AG informs about Corona Aid Programme

REM CAPITAL AG informs about Corona Aid Programme

REM CAPITAL AG informs about Corona Aid Programme

Stay informed by reading the latest articles from your financing and funding expert!

The effects of the coronavirus pose economic challenges to our society that we have never experienced before on this scale.

The consequences for companies, regardless of size and industry, from, for example, declines in sales, production downtime and the resulting liquidity and financing bottlenecks, may be enormous and cannot yet be foreseen in entirety.

Companies have been able to apply for assistance under the Special Programme 2020 of the KfW, the state development bank, since 23 March. The funds applied for from this programme should considerably increase the scope of liquidity and financing for companies and also secure the company’s existence. The principal banks assume part of the risk, between 10 %–20 % of the liability risk.

Even though the first KfW aid loans were already paid out last week, it has become apparent that the flood of applications cannot be processed so quickly – which means that additional risks lurk in the application process due to the “time” factor.

As a consulting and implementation company specialising in the structuring of financing and the accessing of complex funding, REM CAPITAL AG can accelerate and support the process.

Thomas Pohl, Project Manager at REM CAPITAL AG, can share his experience of the current situation:

“We have noticed both enormous demand and an increase in use of our structures and those of the KfW – at the same time we have learned in project cases with clients

that in practice the “neuralgic bottleneck” is transformative, i.e. the involvement of one or more banks to support and partially assume liability for the funding applied for, coupled with the fastest possible implementation of the solution.

This is precisely the interface and the key competence where we, in conjunction with the company, the principal bank and the KfW, play a decisive role in modelling the basic feasibility and getting the application procedure to successfully result in implementation in the shortest possible time!”

 

In over 10 years and more than 1,400 successfully handled projects, REM CAPITAL AG has been able to build up an accomplished team of experts in industrial financing, credit specialists from risk management and engineers, offering its clients a success-oriented, reliable and extremely resource-saving method of working.

“In the current crisis, we are helping companies to successfully access corona aid via the KfW starting at a volume of EUR 3.0 million,” says Thomas Pohl from RC. “I will be happy to answer any questions you may have about obtaining corona aid through our company in a straightforward manner.”

News

A huge step for renewable energy in the Netherlands

A huge step for renewable energy in the Netherlands

Windpark Krammer: REM Capital advises transaction processNew partner for the “Windpark Krammer”: The independent French renewable energy producer “Kallista Energy” acquires 40% of the capital of “Windpark Krammer” in the Netherlands. “REM CAPITAL” acted as the...

read more
Home Office Story during COVID-19

Home Office Story during COVID-19

Stay informed by reading the latest articles from your financing and funding expert!When the number of new infections in Germany and Europe jumped at the beginning of March 2020, we and our employees discussed how we could do our work from “home offices”. Since...

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10 years of REM CAPITAL AG

10 years of REM CAPITAL AG

10 years of REM CAPITAL AG

Stay informed by reading the latest articles from your financing and funding expert!

Starting a new company is usually nerve-racking and exciting. It requires a clear vision and above all perseverance and determination.

When REM CAPITAL was founded in 2009, Dominic D’Andreamatteo and Karsten Helber had one expectation above all: helping companies to apply for funding and to achieve a maximum financial advantage for themselves.

The cornerstone had been laid, and companies had a tremendous need to access funding, so REM CAPITAL AG already had 10 employees just three years after its foundation. When the “Subsidy Advice” division was created, the team was expanded to include technically savvy engineers, and the first branch office was opened in Munich in 2013.

As the number of successfully handled projects grew, the team also continued to expand, and moved to new offices in inner-city Stuttgart in 2013.

In the years that followed, REM CAPITAL AG opened additional branches in Frankfurt am Main, Hamburg, Berlin and Düsseldorf by 2019, which allowed it to move into other market areas in Germany.

On the occasion of its 10th anniversary, Karsten Helber and Dominic D’Andreamatteo were able to look back on over 1,400 successfully completed projects in corporate, property and project financing and on over 800 companies that REM CAPITAL AG has successfully supported in the implementation of investment and innovation projects since its foundation.

But the 10-year anniversary was not the only reason to celebrate in 2019: REM CAPITAL AG also became part of the Hypoport Group, which is a network of technology companies for the credit, real estate and insurance industries, thus laying another cornerstone for future growth. At this point, Jan Bewarder joins the Management Board of REM CAPITAL AG, and the entire team reaches around 70 employees.

REM CAPITAL AG is happy, excited and confident when it looks into the future. To become slower or more relaxed is not a goal for the three members of the Management Board – after all, then there would only be half as much to report at the 20th anniversary.

News

A huge step for renewable energy in the Netherlands

A huge step for renewable energy in the Netherlands

Windpark Krammer: REM Capital advises transaction processNew partner for the “Windpark Krammer”: The independent French renewable energy producer “Kallista Energy” acquires 40% of the capital of “Windpark Krammer” in the Netherlands. “REM CAPITAL” acted as the...

read more
Home Office Story during COVID-19

Home Office Story during COVID-19

Stay informed by reading the latest articles from your financing and funding expert!When the number of new infections in Germany and Europe jumped at the beginning of March 2020, we and our employees discussed how we could do our work from “home offices”. Since...

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Article from “Poland-France-Germany”

Article from “Poland-France-Germany”

Article from “Poland-France-Germany”

Stay informed by reading the latest articles from your financing and funding expert!

German Public Sector Funds in Focus

In order to achieve noticeable progress in the reduction of final energy consumption and the reduction of C02emissions, the Federal Ministry of Economics and Energy (BMWi) has been promoting investments since 1 January 2019 to increase operating energy efficiency, waste heat recovery and the use of renewable energies for process heat in Germany. Investment subsidies of up to 55 % can be applied for.

The programme “Energy Efficiency in the Economy”:

Module 1 concerns cross-sectional technologies such as electric motors and drives, fans, pumps or compressed air systems. Module 2 promotes the provision of process heat from renewable energies, especially solar collector systems, biomass systems and heat pumps. Module 3 involves measurement and control technology, sensor technology and energy management software. Module 4 covers the energy-related optimisation of plants and processes.

All companies are eligible to apply, irrespective of the amount of sales revenues they have. The only requirement is that the investment must be made in Germany and must not have been started yet. In principle, the additional costs of investment for achieving an improvement in energy efficiency are used to calculate the funding. A total of 30 % (as a rule) to 55 % of these additional costs of investment are subsidised.

The subsidy is limited to EUR 700/tonne of C02 saved per year for SMEs (according to the European definition) and EUR 500/tonne of C02 saved per year for larger companies. An SME according to the European definition of the term has fewer than 250 employees at the consolidated level and annual sales revenues of less than EUR 50 million or total assets of less than EUR 43 million.

News

A huge step for renewable energy in the Netherlands

A huge step for renewable energy in the Netherlands

Windpark Krammer: REM Capital advises transaction processNew partner for the “Windpark Krammer”: The independent French renewable energy producer “Kallista Energy” acquires 40% of the capital of “Windpark Krammer” in the Netherlands. “REM CAPITAL” acted as the...

read more
Home Office Story during COVID-19

Home Office Story during COVID-19

Stay informed by reading the latest articles from your financing and funding expert!When the number of new infections in Germany and Europe jumped at the beginning of March 2020, we and our employees discussed how we could do our work from “home offices”. Since...

read more