ABO Energy is assessing plans to build and operate its own portfolio of wind, solar and battery storage projects. The move would mark a shift from its role as a project developer towards becoming an Independent Power Producer.
Between 2019 and 2024, approved annual wind power capacity in Germany increased more than sevenfold, from 1.9 GW to 14.1 GW. This shift has eased supply constraints that previously led ABO Energy to sell all its projects. Under the new conditions, the company sees opportunities to retain and operate at least part of its development pipeline.
ABO Energy holds around 34 GW of projects in various countries, many of which are close to construction readiness. The company says it has the staff to build and manage operational assets but lacks sufficient financial resources to assemble a significant portfolio on its own. Initial talks with potential investors suggest that larger commitments may depend on receiving shareholder rights.
The founder families Ahn and Bockholt have signalled a willingness to sell shares if required. One option under consideration is to convert the company back into a public limited company, a structure that had been in place before its change to a partnership limited by shares more than two years ago. Discussions with investors are expected to intensify in the coming weeks.