Aukera Energy secures EUR 14 million senior financing from Volksbank Sauerland for first German PV projects
We’d be happy to provide you with more details about our case. Feel free to reach out to us via email or phone, and we’ll gladly return your call at a time that works best for you.

Elias Mietschke
Tel.: +49 (69) 348 710 125
Fax: +49 (69) 348 710 199
Aukera, a pan-European renewable energy developer and Independent Power Producer (IPP), has successfully secured senior financing totaling EUR 14 million from Volksbank Sauerland eG for its Erisweiler I and II photovoltaic projects, with a combined capacity of 37.48 MW. This transaction marks Aukera Energy’s first project financing in Germany for solar PV and underscores the company’s commitment to building a long-term renewable energy portfolio in the country. Capcora acted as the exclusive financial advisor for the transaction.
“This financing represents a significant milestone for Aukera Energy as we advance our first projects in the German market,” said Kemal Keskin, Managing Director Germany at Aukera Energy. “We are delighted to partner with Volksbank Sauerland eG, a trusted regional banking institution, as we establish our long-term presence in Germany.”
Alexander Enrique Kuhn, Managing Partner at Capcora, added: “We are proud to support Aukera Energy in its debut project financing in Germany. While larger, more flexible debt structures are gaining traction, the importance of cultivating strong relationships with local and regional banks for traditional project financing should not be underestimated.”
This successful transaction highlights the strength of the collaboration between Aukera and Capcora and sets the stage for future joint efforts to accelerate the deployment of renewable energy across Germany.
About Aukera Energy
Co-founded in 2021 by renewable energy executives Pascal Emsens and Catalin Breaban, Aukera focuses on developing, constructing, and operating solar PV, onshore wind, and battery storage projects, with a pipeline exceeding 15 GW across the UK, Germany, Belgium, Italy, and Romania. Headquartered in Brussels, the company operates offices in Brussels, London, Edinburgh, Berlin, Rome, and Bucharest.
www.aukera.energy
About Capcora
Capcora is an independent financial advisory boutique specializing in M&A and project finance services to accelerate the energy transition in Europe. Founded in 2015, the Frankfurt-based company helps its clients succeed in the renewable energy and infrastructure sectors by advising them on sell-side and buy-side transactions, and by raising mezzanine, unitranche or senior debt.
www.capcora.com
Media inquiries
Capcora GmbH
E-Mail: marketing@capcora.com