Juwi IPP purchases andoperates renewable-energy projects independent from Juwi Group, but it wasfounded by Juwi owners Fred Jung and Matthias Willenbacher. Gothaer is one ofGermany’s biggest insurance companies.

Juwi IPP plans to usethe financing to boost its wind and solar generation capacity - most of it inGermany - to 1.15GW in the coming three years from 450MW now.

“With this money we canexpand our renewable generation capacity clearly faster than planned so far,”says Juwi IPP managing director Manfred Jakobs.

Juwi