Renewable energyRenewables, more than one asset class

Renewable energy. Our driving force for tomorrow

EU climate targets 2030: To achieve this, annual investments of around 260 billion euros are required.¹ The current deposits of German private households alone amount to around 1,782 billion euros - almost seven times as high.² Commerz Real intends to fill this gap: as an expert in tangible assets, our focus in the area of renewables is on plants for generating renewable energies.

We invest investors’ capital through two regulated management companies: Commerz Real Kapitalverwaltungsgesellschaft mbH (Germany) and Commerz Real Fund Management S.à r.l. (Luxembourg), both 100% subsidiaries of Commerz Real AG. In this way, we bring capital to where it can make a big impact.

A field with solar panels, wind turbines, a power tower, tractor and sheep.

News from the renewable energy world

Offshore wind farm at sunset, with several wind turbines in a row over calm water.

Wind energy

Floating offshore: Offshore wind power explained

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Interview

Talking sustainably with: Andreas Goetz

A person sitting on a roof with solar panels before sunset, looking at a city with high-rise buildings.

News Releases

Location Promotion Act: New opportunities for open-ended real estate funds

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Key figures

9
Solar power plants in our fund
20
years of experience in renewables
1.6 GW
Total nominal portfolio performance
44
Wind power plants in our fund
11
Funds focusing on renewables
4.5 billion
Investment volume in renewable energy funds

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Our renewable energy investments

Our investments - For private and institutional investors

klimaVest: for retail investors

Investing in renewable energy and grids

Wind farms, solar plants, power grids: klimaVest is investing in the infrastructure that supports the energy transition. And makes this market accessible to private investors for the first time.

Discover klimaVest

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Institutional investment - for professional investors

For investors who expect tailor-made solutions

For institutional investors, we offer individual fund structures and access to our entire asset class spectrum: real estate, renewable energy and infrastructure.

Discover institutional investments

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Our renewables speak for themselves

The renewable energies asset class: Future-proof and innovative. 102 solar and wind farms and 7 project developments. This is the renewable energy portfolio of Commerz Real.

Wind turbine from above, surrounded by dense forest and a narrow path.

Two wind turbines stand in a dense forest near a river or lake.

Large solar plant on vast fields, surrounded by agricultural land and hills in the background.

Offshore wind farm with five wind turbines and a ship under a cloudy sky.

Windmills on wide fields under clear skies in a rural landscape.

WindKuuronkallio

TypWind

Country/CountriesFinnland

Rated Output58.8 MW

Am Netz seit1/31/2017

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What technologies are we investing in?

Onshore wind farm
Onshore wind farms are among the most cost-efficient renewable energy generation technologies. With projects in Germany, France, Finland and other European countries, onshore wind forms the broadest base in the portfolio.
Offshore wind farm
On the open sea, wind turbines achieve higher and more constant yields than onshore. With investments such as the North Sea wind farm Veja Mate (402 MW), offshore wind is one of the most powerful segments in the portfolio.
photovoltaics
In addition to classic solar parks, Commerz Real is investing in innovative variants such as agri-photovoltaic systems that combine agricultural land and electricity generation. This makes the PV portfolio technologically diverse and future-proof.
Electricity transmission networks
Grids transport electricity from the producer to the consumer. The investment in transmission grids supplements the portfolio with a component with particularly stable regulated income and closes the value chain of the energy transition.

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Dr. Nicole Arnold

Managing Director Commerz Real

We have been active in the renewable energy market for more than 20 years. We have an edge when it comes to experience, and you can also see that in our team. We benefit from this both in terms of acquisitions and operations.

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Invest with us

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Your questions - our answers

Private investors can invest in a broad portfolio of wind and solar farms as well as transmission grids via klimaVest. Institutional investors have access to specialised funds with individually defined strategies. In both cases, Commerz Real’s fund management is responsible for selecting, purchasing and operating the investments. The income, predominantly from long-term power purchase agreements, flows to investors as a return.

The portfolio includes 102 solar and wind farms as well as transmission networks in several European countries. Technology: onshore wind, offshore wind, photovoltaics (incl. agri-PV) and electricity transmission grids. Examples: the Veja Mate offshore wind farm (402 MW) in the North Sea, the Kuuronkallio wind farm (216 GWh/year) in Finland, the Tordesillas solar farm in Spain. We do not invest in the largest projects, but in the most economically stable - with a solid contract structure and long-term production quality.

Firstly, experience: Active in renewable energies for over 20 years. Secondly, the approach: We work with specialised partners - project developers, technical operations managers, local market experts - instead of mapping everything in-house. Thirdly, the combination of renewable energies and real estate under one roof: An approach that makes both portfolios more future-proof in the long term.

Renewable energy plants generate their income mainly from long-term power purchase agreements. This makes cash flows more predictable than with many other asset classes. At the same time, renewable investments are largely independent of equity or real estate markets and thus offer a diversification effect in the portfolio.

Due to their function, renewable energy systems already make a direct contribution to CO₂ reduction. In addition, Commerz Real checks the ecological impacts on the location and environment for each purchase. klimaVest promotes ecological characteristics within the meaning of Article 8 of the EU Disclosure Regulation.³

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¹European Commission: Investment Plan for a Future-proof Europe - Investment Plan for the European Green Deal, Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions (COM/2020/21 final), 14 January 2020. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52020DC0021.

²Deutsche Bundesbank: Deposits and loans taken out by banks (MFIs) in Germany from domestic private individuals and nonprofit organizations (Table IV.8), in: Monthly Report February 2026, p. 36, as of December 31, 2024. Reported: Demand deposits of domestic private individuals (maturing daily) held at German MFIs; excluding time deposits, savings deposits, savings bonds, and cash. https://www.bundesbank.de/resource/blob/650494/e5bcf4a10e4e0eb9c3674c22ca156619/472B63F073F071307366337C94F8C870/imb3637a-data.pdf

³The management company for klimaVest is Commerz Real Fund Management S.à r.l. klimaVest is a sustainability-related financial product within the meaning of Article 8(1) of the EU Disclosure Regulation.

Renewable energyRenewables, more than one asset class

Renewable energy. Our driving force for tomorrow

News from the renewable energy world

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Key figures

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Our investments - For private and institutional investors

Investing in renewable energy and grids

For investors who expect tailor-made solutions

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Our renewables speak for themselves

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What technologies are we investing in?

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Invest with us

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Your questions - our answers

How can I invest in renewable energies at Commerz Real?

In which systems does Commerz Real invest in renewable energies?

What sets Commerz Real apart from other providers in the renewables sector?

What are the benefits of investing in renewable energy?

How does Commerz Real handle sustainability in its investments in renewable energies?

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News from the renewable energy world

Key figures

Our investments - For private and institutional investors

Investing in renewable energy and grids

For investors who expect tailor-made solutions

Our renewables speak for themselves

What technologies are we investing in?

Invest with us

Your questions - our answers

How can I invest in renewable energies at Commerz Real?

In which systems does Commerz Real invest in renewable energies?

What sets Commerz Real apart from other providers in the renewables sector?

What are the benefits of investing in renewable energy?

How does Commerz Real handle sustainability in its investments in renewable energies?

Do you have any questions?