It is perhaps a sign of the times that companies engaged in infrastructure including solar, wind, energy, and electric transportation are thinking about how best to grow such areas of business.
Garbe, the Hamburg-based investor, has revealed its answer is to spin off and pool infrastructure investments and renewable energies into a new separate company headed by a new hire, Rainer Pillmayer, 48.
Speaking of the company’s decision to create Garbe Infrastructure GmbH, the group’s managing partner – Christopher Garbe – said: ‘In due consideration of the steadily growing significance of renewable energies, we are expanding (our) activities in this segment across Europe.’
‘Whether this involves photovoltaic systems, biomass applications or central infrastructure measures, one thing is for sure: creating sustainable investments is a key concern for us.’
It comes as studies suggest solar, wind, energy, and electric transportation investments are topping survey charts among investors.
In the latest annual ULI PwC Trends in Real Estate Europe report, new energy infrastructure is takes the Number One spot for overall prospects in 2023 for the second year running. It is also ranked most highly both for investment and development in a league table containing all the traditional asset classes and the newer ones such as life sciences and data centres, which are also placed very highly.
