ENCAVIS AG Confirms Early Stage Talks with KKR

On March 6, 2024, ENCAVIS AG, a Hamburg-based operator of wind and solar parks, disclosed its ongoing discussions with investment firm KKR regarding a potential transaction. This information comes as a response to the recent press speculations surrounding the two entities. According to ENCAVIS AG, these conversations are at a preliminary stage, and it remains uncertain whether any transaction will be put forth or finalized.

The company has stated it will not provide further comments or respond to inquiries until a definitive decision on the potential transaction has been reached. ENCAVIS AG, listed on the MDAX and operating under the ticker symbol ECV, is notable for its role as an independent power producer in the renewable energy sector, with activities spread across twelve European countries.