Arcus taps into solar PV with Einhundert acquisition

Einhundert is a green energy supplier.

  • The acquisition was made via Arcus European Infrastructure Fund 3
  • Einhundert’s founder Ernesto Garnier will remain in the company as a co-investor
  • Arcus invested in Officium in 2023

Arcus Infrastructure Partners will acquire a majority stake in Einhundert, a digital green energy supplier, via its portfolio company Officium.

Einhundert is based in Cologne, Germany.

Arcus will invest via Arcus European Infrastructure Fund 3. This transaction is the first acquisition in solar PV for Fund 3.

Arcus will advance Einhundert’s growth agenda, including financing over 100MW of PV systems in the coming years, according to a release.

Einhundert’s founder Ernesto Garnier will remain in the company as a co-investor and will continue to act as CEO.

This transaction will see a successful exit for all venture capital and angel investors who have funded Einhundert to date, including Triodos Energy Transition Europe Fund, EWE AG, NRW.BANK, Übermorgen Ventures and kopa ventures (formerly Wi Venture), the release said.

“We believe Einhundert offers a highly attractive solution for the decarbonisation of multi-family housing by providing low-cost and clean on-site electricity,” said Christian Scott-Mackenzie, senior investment director at Arcus.

Arcus invested in Officium in 2023.

Arcus is an independent fund manager investing in European infrastructure assets in telecoms, transport and energy.

Officium is a submetering provider for the housing industry in Germany.

No financial details of the transaction were disclosed.