DWK Deutsche Wasserkraft Partners with NordVest GmbH to Launch Norwegian Hydropower Funds

DWK Deutsche Wasserkraft AG has entered into an agreement with NordVest GmbH to initiate a series of investment funds targeting hydropower plants in Norway. These closed-end funds will focus on operating run-of-river power plants with capacities up to 10 megawatts each, specifically designed for institutional investors like pension funds, insurance companies, and banks.

DWK will offer exclusive advisory services and manage the funds' allocations, transaction processes, and operations management. Each fund aims for a target volume between €80 million and €100 million, promising both one-off and recurring incomes for DWK. The funds will operate over a term of 10 to 15 years with possible extensions.

NordVest GmbH, experienced in capital management, has already sparked significant interest from institutional investors. The hydropower investments are aligned with ESG principles, promising stable returns and predictable distributions, reinforcing their appeal to investors.