Press Releases
06
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10
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2025

Redevco and GIGA.GREEN enter into strategic partnership for nationwide photovoltaic expansion on retail parks

Redevco has already earmarked 36 sites for solarization by GIGA.GREEN. The sites in Kehl and Bad Aibling are already installed and, with 1.5 MWp and 0.6 MWp respectively, are close to being connected to the grid. At the end of September, construction also began at the Dortmund-Aplerbeck site with a planned 3.1 MWp.

Strategic collaboration for the energy transition

Redevco, one of Europe’s largest private real estate investment managers with assets under management of around €10.5 billion, has entered into a strategic partnership with GIGA.GREEN to drive the energy transition within its own portfolio.

36 retail sites in focus

The cooperation already covers 36 retail properties across Germany, where large-scale photovoltaic systems are to be installed on the rooftops to supply tenants directly with locally generated power. By concluding on-site PPA agreements for power purchase, the sites will be supplied with green electricity directly and over the long term – a crucial step toward reducing energy costs in a predictable way and meeting sustainability targets.

Redevco: Securing the future viability of the portfolio

Christoph Buck, Head of Asset Management RWP at Redevco, explains:

“With this partnership with GIGA.GREEN, we are strengthening the energy efficiency and future viability of our portfolio in a targeted and long-term manner. In the end, it’s a win-win-win for our investors, tenants, and the environment. This way, we as a company are also making a contribution to the energy transition and greater sustainability.”

GIGA.GREEN: Trust in expertise and execution capability

Robin Nowak, Vice President Commercial at GIGA.GREEN, adds:

“With Redevco, we have gained a partner who will play a key role in advancing the energy transition in existing buildings in the coming years. Starting with 36 projects at once demonstrates the trust placed in our expertise and ability to deliver.”

Construction start in Dortmund-Aplerbeck as a milestone

At the end of September 2025, construction began at the Dortmund-Aplerbeck site. Here, more than 3.1 MWp of PV capacity is being installed across roughly 14,000 square meters of roof space, resulting in annual CO₂ savings of more than 1,000 tons.

About Redevco

Redevco is a leading pan-European private real estate investment manager. As of July 1, 2025, the managed portfolio had a value of €10.5 billion. The company’s ambition is to create value for investors while also enriching communities by redeveloping and repurposing real estate. Its specialized investment strategies focus on repurposing prime retail properties in city centers into mixed-use spaces, retail parks, and logistics, as well as building a growing residential and leisure portfolio. Redevco Capital Partners, the company’s real estate debt arm, provides bridge financing for special situations. Teams of specialists across seven European locations ensure optimal portfolio management. In Germany alone, Redevco manages €4.3 billion in assets, positioning itself as a leading provider of institutional investment and asset management for both large-scale and city-center retail properties.

More information: www.redevco.com 

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 contacts

Redevco Services Deutschland GmbH
PB3C GmbH: Johannes Braun
T +49 (0) 89 242 0865 36
E-Mail: braun@pb3c.com 

GIGA.GREENAnne Dörte Schmidt
Senior Brand & Communication Managerin
E-Mail: presset@giga.green

Solarenergie als Vorteil

Die Abhängigkeit von volatilen Energiepreisen und politischen Entscheidungen gefährdet die Wettbewerbsfähigkeit deutscher Unternehmen. Solarenergie bietet die Chance, diese Abhängigkeit zu durchbrechen.
Lesen Sie hier den Gastbeitrag von Sebastian Schmidt im Wirtschaftskurier, Ausgabe 02/2025.
Gastbeitrag lesen
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