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EV Digital Invest AG Partners with Green FOX Energy for Renewable Projects

EV Digital Invest AG (EVDI) has announced a strategic partnership with Green FOX Energy, a developer and owner of renewable energy plants. This collaboration will allow EVDI to offer direct investments in renewable energy projects through its platform, expanding its current product range which includes residential, office, and logistics real estate investments.

Investors will now have the opportunity to diversify their portfolios with green investment opportunities. The partnership enables low minimum investments starting at €100 and short terms of only 12 months. Renewable energy projects, such as the first solar project "Solarpark Eyendorf," are now available on the platform.

This strategic move is expected to benefit EVDI by reducing its dependency on the real estate sector, attracting new target investors, and capitalizing on the growing renewable energy market. The pipeline from Green FOX Energy consists of around 2GW peak, with electricity generation from renewable sources expected to increase significantly by 2026.

EVDI is optimistic about its financial outlook, expecting to meet its conservative guidance of €4.9-5.8m in operational income and up to €-1.9m EBITDA. While acknowledging the growth potential from the partnership, no changes to estimates have been made yet, maintaining a target price of €3.60 based on DCF valuation.

R. E.

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