- 22 megawatt plant covers the annual electricity demand of 2,500 Swedish households
- Swedish Environment and Climate Minister Pourmokhtari at opening
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Featured Benefits
Commerz Real and project developer Helios Nordic Energy have opened the King’s Roar solar park in central Västerås, Sweden. With 32,500 solar panels, the power plant has a rated output of 22 megawatts peak and covers the calculated annual electricity demand of around 2,500 Swedish households. The opening ceremony on the 25-hectare site was also attended by the Swedish Environment Minister Romina Pourmokhtari as a greeting speaker.
With the grid connection of 'King’s Roar', we are recording the next milestone in the international expansion of our renewable energy portfolio. This strengthens diversification for our investors and makes a material contribution to the European energy transition.
Michael Henn
Global Head of Green Deal Infrastructure Commerz Real
Commerzbank’s asset management subsidiary acquired the solar park in May 2022 when it was ready for construction for its “Commerz Real Institutional Renewable Energies Fund II”.
In total, Commerz Real manages more than 50 solar power plants and over 40 onshore and offshore wind farms with a rated output of around 1.5 gigawatts for its investors in Germany and Europe. Your private investor fund “Klimavest” has equity of more than 1.2 billion euros. Commerz Real is also planning to acquire solar and wind farms for its open-ended real estate fund “Hausinvest” from 2024.
About Commerz Real
Commerz Real AG is the asset manager of the Commerzbank Group and has 50 years of international market experience. The company combines extensive know-how in asset management with broad structuring expertise and uses this expertise to develop tangible asset-oriented fund products and individual investment solutions in the real estate and infrastructure sectors. As a leasing service provider of Commerzbank, Commerz Real Mobilienleasing also offers needs-based leasing concepts.
Since 2025, the Commerzbank Group’s asset management holdings have been bundled with Commerz Real AG. In addition to Commerz Real’s brands and products, these include the Aquila Capital investment company with a focus on sustainable tangible asset investments in the area of energy infrastructure and Yellowfin as a boutique for liquid investment strategies. Under the umbrella of Commerz Real AG, a total of around 1,000 employees manage assets of around EUR 55 billion at around 20 locations.
