GIGA.GREEN Secures €30 Million in Funding for the Expansion of Decentralized Photovoltaic Infrastructure
GIGA.GREEN secures €30 million from Kommunalkredit Austria AG to expand its nationwide PV project pipeline in Germany. The capital will support the strategic growth of commercial solar installations and enhance the scalability of GIGA.GREEN's business model.
GIGA.GREEN, a leading provider of solar energy solutions for the commercial sector, has successfully secured a €30 million revolving Capex facility with Kommunalkredit Austria AG. The funds will support the strategic expansion of a nationwide project portfolio focused on photovoltaic installations on industrial rooftops across Germany.
"This financing marks another milestone in our mission to make CO₂-free energy accessible to businesses—without requiring their own investments," explains Wolfgang Röbig, Co-Founder and Managing Director of GIGA.GREEN. "Thanks to the revolving structure of the credit line, we can deploy capital flexibly and efficiently across our project pipeline. This enhances our scalability and underscores the institutional quality of our business model."
The revolving nature of the financing means that instead of tying up capital in a single project, GIGA.GREEN can flexibly allocate the funds across multiple projects—reusing them as soon as completed projects are refinanced. This not only accelerates the implementation of new sites but also enables continuous scaling without the need for constant renegotiation with financiers. For commercial clients, this translates to faster access to CO₂-free energy without investment risk.
Kommunalkredit Austria AG is a European specialized bank headquartered in Vienna, focusing on financing infrastructure projects in the sectors of energy, environment, social infrastructure, transport, and communications. The bank places a strong emphasis on supporting projects with sustainable impact across Europe.
"We thank Kommunalkredit for the excellent collaboration. The financing solution is perfectly tailored to our needs and supports us in implementing our projects efficiently and sustainably," says David Wagener, Head of Finance at GIGA.GREEN GmbH.
About GIGA.GREEN
GIGA.GREEN is one of Germany's leading providers of renewable energy solutions. Founded in 2018 by Sebastian Schmidt and Wolfgang Röbig, GIGA.GREEN GmbH develops solutions that grant commercial clients access to cost-effective, long-term solar energy—without the need for upfront investments. The company aims to contribute to emission reduction and save one gigaton of CO₂ in partnership with its clients.
Press Contact
Anne Dörte Schmidt
Senior Brand & Communication Manager
Phone: +49(0)30 3080 8179
ad.schmidt@giga.green
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