The newly acquired projects in Brandenburg, Germany, will be fully owned by Econergy and are expected to begin construction by the end of 2025, with commercial operation scheduled for Q1 2027.
The total investment is estimated at 73 million euros.
“This is an exciting moment for Econergy” said Eyal Podhorzer, CEO of Econergy. “We’ve been evaluating the German market for quite some time, waiting for the right opportunity. With demand for storage accelerating, we’re proud to enter with two high-quality projects and look forward to establishing a strong local presence by bringing our best practices, execution capabilities, and storage expertise to the market.”
The acquisition strengthens Econergy’s positioning in the storage space, with a growing pipeline of approximately 4 GW, including the operational Swangate project in the UK and 15 PV projects planned as co-located storage sites across Europe.
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