RAACH SOLAR launches new expansionary phase with KKL INVEST and solar specialist PELABA

Munich, Germany

Raach Solar headquartered in Erolzheim, nearby Memmingen, Germany, enters into a new expansionary phase, supported by the investors KKL INVEST (asset management) and PELABA (private equity). The investment companies KKL INVEST and PELABA Beteiligungs GmbH take together a majority share of 56% in RAACH SOLAR GmbH.

Jürgen Raach, general manager of RAACH SOLAR GmbH, welcomes the investment by the strategic partners: “This investment will allow us to acquire more large scale projects and grow sustainably double-digit in the coming years. We will suceed in advancing photovoltaic power internationally and fight climate change.“

KKL is an owner managed venture capital company with long term experiences in machine and plant manufacturing. KKL takes a holding with a long term perspective. The target is to promote actively the strategy and the management of the associated company. “We see for RAACH SOLAR a strong growth potential for the next years and will accompany Mr. Raach on the path of growth. Together we would like to write a success story“ emphasizes the management team of KKL, Mrs. Dr. Beate Klingenberg und Mr. Gregor Groeger.

PELABA Investment Group invests as Family Office as well in renewable energies. General manager Mr. Peter Heidecker contributes with his long term expertise in renewables: “we do not only act as a pure fiancial investor, but invest into assets or companies, if we can deliver an added value by our experience, market access or through our network“

RAACH SOLAR engineers, procures, delivers, installs and maintains turn-key and tailor made photovoltaic systems worldwide. RAACH SOLAR is a premium supplier for open area photovoltaic power plants, building integrated photovoltaics (BIPV), carports, battery storage systems, AC mini grids, solar pumping systems, solar streetlights, charging stations and charging concepts for electric vehicles as well as consulting services for renewable energy projects