The energy sector has undergone major changes in recent decades – the share of renewable energy is gradually increasing. The energy revolution is also an exciting and promising investment area for (single) family offices. The following section presents three European single family offices that invest in renewable energy. This article is based on the unique List of the 500 most important single family offices in Europe. Also: don’t miss to take a look at the list of the largest renewable energy investors in Europe, provided by our partner renewables.digital.
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This article directly stems from the research process for our global single family office database. Our list of European single family offices includes the most important family investment vehicles that invest in various areas, such as financial markets, real estate, venture capital, private equity and renewables. We also offer a dedicated renewable energy single family office list.
Wirtgen Invest Holding GmbH, Germany
The Single Family Office, founded in 2017, was created following the sale of the family-owned construction machinery company “Wirtgen Group”. The family office now manages the entrepreneurial family’s assets – the focus is not only on real estate investments, but above all on renewable energies. The Windhagen-based GmbH is active worldwide and operates solar, photovoltaic and wind farms. The company’s portfolio includes a total of five solar parks (some of which are still under construction), four photovoltaic systems and two wind parks. The family office was particularly successful in the second half of 2020: two solar farms in Portugal and the second wind farm from Wirtgen Invest was successfully connected to the local power grid.
Kirkbi A/S, Denmark
Kirkbi A/S belongs to the Kirk Kristiansen family. The single family office, based in Billund, invests in real estate, private equity, fixed income investing and renewable energy. This investment branch, which was established in 2012, focuses on solar and wind energy in Northern Europe and North America. The current portfolio includes two wind farms and a solar energy company, which was acquired in 2019. In total, the LEGO family’s renewable energies have generated almost 600 GWh.
The Korys Single Family Office is the asset management arm of the Colruyt family. The company invests mainly in three branches, all of which have a sustainable core: Life Sciences, Conscious Consumer and the energy revolution. The Single Family Office, based in Halle, the Netherlands, describes itself as a pioneer of offshore wind farms and invests in the planning, construction and maintenance of wind and solar parks as well as in supporting technology such as warning or tracking systems. Here Korys often invests in the early stages of the company.
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