Through Partners Group’s initial equity commitment of up to EUR 400 million, green flexibility, a leading developer of large-scale battery storage systems in Germany, has secured significant investment from one of the world's largest private markets firms. With the addition of complementary debt financing, this will enable a total project volume exceeding 1 billion euros. The goal is to meet the growing demand for grid stability and flexibility through battery storage systems while actively advancing the energy transition.
Kempten, 16th January 2025
The expansion of intermittent renewable energy sources and the retirement of conventional baseload capacity in Germany is increasing fluctuations in electricity generation, consequently driving price volatility and grid instability. BESS store excess energy during periods of ample supply and then release it when needed to help stabilize the grid, reduce curtailment, and smooth energy prices for consumers and businesses.
green flexibility specializes in developing and operating large-scale battery storage systems that serve as the backbone of a modern, flexible energy infrastructure in Europe. Led by Co.-Founder and battery storage pioneer Christoph Ostermann, the company has assembled the most experienced team in the market.
Paving the Way to Market Leadership
As an initial step, Partners Group, acting on behalf of its clients, will invest up to 400 million euros in green flexibility to establish the company as the market leader. With green flexibility's industry-leading expertise, Partners Group's financial strength (USD 150 billion in overall assets under management), and an extensive project pipeline of over 10 gigawatts, the company is ideally positioned to address the growing demand for grid stability and flexibility on both national and international levels.
The experienced founders developed and commercialized Europe’s first Virtual Power Plant (VPP) over a decade ago, setting industry standards. Their experience demonstrates that flexibility in the grid is key to stability. green flexibility not only develops and builds storage systems but also operates them for decades. The company fosters close collaborations with other project developers—whether through joint projects or targeted acquisitions of existing developments. Additionally, green flexibility acts as an industry pioneer by integrating local grid requirements into project realization in cooperation with grid operators.
Quotes
Christoph Ostermann, CEO of green flexibility:
"With Partners Group, we have found the ideal partner to scale our business and realize our vision of a sustainable and, above all, reliable energy future. In the battery storage market, there can be no compromises when it comes to quality and safety. It is our responsibility to provide our partners not only with the best solutions but also to protect them from the risks of a young and dynamic market. Long-term reliability, the highest safety standards, and the best technology are critical—because the energy transition needs stability and dependability. And for this, we have assembled the most experienced team in the market."
David Daum, Partner, Head of Infrastructure Europe at Partners Group:
“green flexibility will act as a key enabler of the energy transition in Germany by facilitating the integration of intermittent renewable energy into the country’s power grid. The Company represents an exciting opportunity to partner with a highly experienced, proven management team to build a battery storage platform in the largest power and electricity market in Europe. We look forward to working with them on our transformational value creation plan.”
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About Partners Group
Partners Group is one of the largest firms in the global private markets industry, with around 1,800 professionals and approximately USD 150 billion in overall assets under management. The firm has investment programs and custom mandates spanning private equity, private credit, infrastructure, real estate, and royalties. With its heritage in Switzerland and primary presence in the Americas in Colorado, Partners Group is built differently from the rest of the industry. The firm leverages its differentiated culture and its operationally oriented approach to identify attractive investment themes and to transform businesses and assets into market leaders. For more information, please visit www.partnersgroup.com
About green flexibility
green flexibility combines leading expertise in the energy transition with cutting-edge battery storage technology to create a reliable, flexible, and sustainable energy infrastructure for the future. Founded by experienced energy entrepreneurs, the company brings over 100 years of combined experience and expertise to support the energy transition with innovative solutions for large-scale battery storage systems, enabling the sustainable and socially responsible integration of renewable energy.
As an end-to-end partner for battery storage systems, green flexibility plans, builds, and operates battery storage systems at strategic grid locations across Europe. The company manages every step of the process, from identifying suitable locations to optimizing and monetizing the storage systems.
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