Record payout of EUR 9.6 million to investors of six solar funds
Review: HEP Kapitalverwaltung AG (hep) publishes its "Leistungsbilanz 2018 mit Ergänzungen bis zum 16. Dezember 2019" (in German). The sum of all payouts (reimbursements and revenues) amounts to EUR 9.6 million - exceeding the previous financial year by EUR 1.6 million.
According to the current account, all solar funds have distributed attractive returns and met or exceeded hep prognoses - among them four solar funds investing in existing solar parks built by the German specialist as well as two funds for professional investors investing in the development of solar projects.
Preview: hep currently offers one alternative investment fund (AIF) for private investors as well as two special AIFs for professional investors. With a worldwide project pipeline of 2.8 gigawatts and more than 80 employees in 2019, the company heads towards global expansion.
The most recent country-specific AIF was able to secure two solar projects in North and South Carolina with a combined capacity of 8.6 megawatts. Further US-American projects are in the pipeline.