During the first quarter of 2016, Prime Capital AG has acquired three wind parks in Brandenburg, Mecklenburg-Western Pomerania and Saxony-Anhalt for ALTE LEIPZIGER – HALLESCHE group. The total capacity of these plants is about 36MW – which provides the power supply for about 30,000 German households. These wind energy plants were acquired in different project phases and form the base of a balanced portfolio of German wind plants for ALTE LEIPZIGER – HALLESCHE group.
Prime Capital manages a number of investment mandates for institutional investors investing in German and European infrastructure plants via direct investments. Prime Capital has been appointed as the first partner for ALTE LEIPZIGER – HALLESCHE’s wind power portfolio in Germany which is estimated to reach a mid-three-figure million Euro volume. Prime Capital is responsible for the identification, valuation and acquisition of suitable wind energy projects, as well as for their ongoing and longstanding management.
In the next few years, it is planned to establish a widely diversified portfolio of wind power plants of well-known suppliers. For this investment program, especially the long-term buy-and-hold attempt with constant yields is in focus. “Due to the long-term possibility of planning for earnings and distributions in accordance with German commercial law, the asset class onshore-wind is an ideal extension of our capital investments”, says Martin Rohm, board member for Asset Management and Finance at ALTE LEIPZIGER – HALLESCHE group.
“I am very satisfied with the growth of our portfolio of infrastructure investments, our second Asset-Management segment”, adds Dr. Werner Goricki, CIO of Prime Capital AG. “Due to our longstanding experience in the implementation and management of infrastructure direct investments, we can offer an integral support to ALTE LEIPZIGER life insurance company and HALLESCHE health insurance company, both during the acquisition as well as the ongoing Asset-Management phase.”
About Prime Capital
Prime Capital AG is an independent financial services provider and asset management firm, focusing on institutional clients. The company specializes in Alternative Investments, in particular in Absolute Return, Infrastructure Investments and Private Debt. Prime Capital was founded in 2006 and currently employs 55 people in Frankfurt, London and Luxembourg. The company’s regulators are BaFin in Germany, CSSF in Luxembourg and FCA in the UK. As per 30th of June 2016, Prime Capital has around EUR 5.1 billion Assets under Management, managed on various platforms.
For further information, quotes or interview requests please contact:
Prime Capital AG
Andreas Kalusche, Board of Directors
Tel: 0049 69 9686 984 36