Capcora advises Münch Energie on the project financing of Germany’s largest battery storage cluster with 500 MWh

Münch Gruppe has secured three long‑term project financings for its battery energy storage system (BESS) projects in Saxony‑Anhalt. Combined, the transactions amount to 250 MW / 500 MWh of BESS capacity and provide the financial foundation for building a unified 500 MWh battery storage cluster in the region, which is set to become Germany’s largest contiguous storage installation in commercial operation. Capcora supported Münch Energie as exclusive financial adviser throughout the entire process, from structuring to the successful closing of all bilateral financing agreements with three regional lending institutions. 

The financings consist of three separate transactions: A 100 MW / 200 MWh facility was arranged with a regional lender that prefers to remain unnamed. Another 100 MW / 200 MWh financing was completed together with DAL which was publicly announced in January 2026. In addition, a further 50 MW / 100 MWh project financing was closed with IKB Deutsche Industriebank AG. All three transactions enabled full financing of the 500 MWh cluster. 

All projects follow a uniform technical and commercial concept within the Münch cluster. Parts of the storage assets will be connected to existing grid infrastructure operated by Münch Gruppe, which also links several of the company’s solar parks. This setup allows Münch Energie to provide the full range of grid‑supporting services while also participating in day‑ahead, intraday and flexibility markets. At the same time, existing grid connections are utilised more efficiently, and operational flexibility is increased. 

One component of the cluster financing is a bilateral facility arranged with IKB Deutsche Industriebank for a stand‑alone 50 MW / 100 MWh BESS project, which is now being announced. 

Dennis Rheinsberg, Director (Head of Energy Project & Export Finance) at IKB Deutsche Industriebank AG, commented: “We are pleased to support Münch Energie in this innovative storage initiative. The fact that a project of this scale will be operated entirely on a market basis demonstrates the sector’s growing maturity and highlights Münch Energie’s capability to develop modern and bankable storage solutions.” 

Mario Münch, CEO of Münch Gruppe, said: “These financings mark a major milestone in delivering our 500 MWh storage cluster. Our early investments in substations, high‑voltage systems and critical components are now paying off. The projects will strengthen regional grid stability, create value for local communities and show what modern storage infrastructure in Germany is already capable of achieving.” 

Alexander Enrique Kuhn, Managing Partner at Capcora, added: “Successfully executing three parallel bilateral project financings in such a short time demonstrates that BESS projects can now be structured in a bankable way if processes, models and technical concepts are prepared to a high standard. Our role was to translate the complexity of the cluster into clear and reliable structures while coordinating the differing requirements of the participating lenders. We are delighted to have supported Münch Energie comprehensively through this strategically important milestone.” 

About Münch Energie 

Münch Energie develops, delivers and operates energy projects with a focus on large‑scale battery storage, renewable generation and grid solutions. The company takes a fully integrated approach – from project development and financing through to construction and long‑term operation within its own portfolio. 

Its model combines generation, storage and in‑house trading structures to create commercially robust solutions. Alongside its own developments, the company also integrates and enhances existing projects and portfolios within broader system concepts. 

www.muench-energie.de  

About IKB Deutsche Industriebank 

Since 1924, IKB has supported Germany’s upper‑mid‑market companies with expertise, commitment and decades of experience. With around 600 employees across locations such as Düsseldorf, Berlin, Frankfurt, Hamburg, Munich and Stuttgart, the bank remains close to its clients. A total asset base of €14.3 billion, pre‑tax earnings of €59 million, and a CET1 ratio of 17.2% reflect its strong position. Whether innovative family‑owned businesses or listed corporations, IKB provides financing, capital‑market and advisory services—laying a solid foundation for growth, sustainability and international competitiveness. 

www.ikb.de 
 

About Capcora 

Capcora is an independent financial advisery boutique specialising 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