Hamburg, 12 September 2025 – The exclusion of minority shareholders by means of a merger squeeze-out, as resolved by the ENCAVIS AG Annual General Meeting on 16 July 2025, took effect upon entry in the commercial register of the registered office of the principal shareholder, Elbe BidCo AG, as the acquiring legal entity on 10 September 2025. All shares held by minority shareholders have been transferred to the principal shareholder, a holding company controlled by investment funds, vehicles and accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. (KKR). Minority shareholders will receive a cash settlement of EUR 17.23 per share held in ENCAVIS AG from the principal shareholder. Further details will be announced by the principal shareholder.
About ENCAVIS
Encavis is one of Europe’s leading producers of electricity from Renewable Energy. The company operates a broadly diversified portfolio of onshore wind farms, ground-mounted solar parks, and battery storage systems across 13 European countries — including Germany, Italy, Spain, Denmark, and the Netherlands. In addition, Encavis offers institutional investors attractive opportunities to participate in Renewable Energy assets. Its subsidiary, Stern Energy, complements the service portfolio as a Europe-wide specialist in technical services for photovoltaic systems.
With a total installed capacity of around 4 gigawatts, Encavis makes a significant contribution to sustainable energy supply and the achievement of Europe’s climate goals.
Further information can be found at www.encavis.com.
With a total installed capacity of around 4 gigawatts, Encavis makes a significant contribution to sustainable energy supply and the achievement of Europe’s climate goals.
Further information can be found at www.encavis.com.
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Editor's note:
The appropriateness of the cash settlement offered will be reviewed in appraisal proceedings. For further information: kanzlei@anlageanwalt.de
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