DE

Press release

11 May 2022

Hamburg investor Jörn Reinecke wants to invest 1 billion euros in renewable energies


 

  • Contracts for 300 megawatt project volume already signed
  • 1 billion euro investment volume targeted in the next 4 years
  • Track record of the Green FOX Energy team of more than 2,500 megawatts
  • Company at INTERSOLAR Munich for further talks

Hamburg/Munich, 11 May 2022. Hamburg-based investor and entrepreneur Jörn Reinecke is expanding his commitment to the renewable energy sector and plans to invest a total of one billion euros through Green FOX Energy over the next four years. Reinecke is the founder and owner of the Hamburg-based renewable energy power producer Green FOX Energy, a major shareholder in the Düsseldorf-based industrial, commercial and logistics real estate developer DFI Real Estate GmbH & Co. KG and the Hamburg-based real estate project developer MAGNA Real Estate AG. He is a renowned energy and real estate expert as well as a successful investor.

With his entry and additional capital, Green FOX Energy aims to accelerate growth in its core business – the development and operation of sustainable, high-performance renewable energy plants with a focus on Germany and Spain.

Reinecke, founder and shareholder of Green FOX Energy: „My commitment to Green FOX Energy perfectly complements my previous entrepreneurial activities and fits the times. In the long term, the contribution to an ecologically sustainable world will have to come from renewable energies. At Green FOX Energy, we therefore set ourselves the goal of contributing to this change in the long term as an independent power producer and portfolio holder – from project development to financing and construction to the maintenance of the plants.”

With its plants, Green FOX Energy contributes to a low-carbon economy. The company invests primarily in plants that are already connected to the grid or in ready-to-build project rights. However, Green FOX Energy also invests in earlier project phases if the team can use its development expertise or pre-finance certain development phases to ensure that they are ready for construction.

To this end, the GREEN ENERGY FOX team is constantly sounding out the market for new investment opportunities in the field of renewable energies, with a focus on photovoltaics.

Jörn Reinecke explains: “We are looking for promising projects in various stages of development. In addition to already completed parks, Green FOX Energy is looking for projects ready for construction or projects in an earlier phase of project development, also with partners (co-developments), primarily in Germany or Spain.”

 

About Green FOX Energy
Green FOX Energy is an independent power producer and renewable energy portfolio holder. The company is based in Hamburg and acquires and operates high-performance plants, primarily in Germany and Spain. The photovoltaic, wind and storage plants generate stable, predictable income through long-term power purchase agreements or fixed feed-in tariffs. Green FOX Energy promotes a secure and clean energy supply and thus contributes to a sustainable green future to achieve greenhouse gas reduction targets.

Green FOX Energy`s team combines sector experience, development and financing expertise in renewable energy with a track record of more than 2,500 megawatts. This enables the company to build and operate a profitable power generation portfolio.

Green FOX Energy pursues a long-term investment horizon and focuses on long-term partnerships with existing and future developers and cooperation partners.

 

About Jörn Reinecke
Jörn Reinecke (49) is a Hamburg-based investor and entrepreneur who has been active in business for more than 25 years. In his investments, he has focused on the business areas of renewable energies, real estate, tech and logistics.

Mr. Reinecke has many years of experience in the business field of renewable energies, especially in the project planning of wind power and solar plants with a project volume of more than one billion euros. He was also a major shareholder in several PV companies, some of them listed on the stock exchange, with an international orientation, from which he successfully exited within the scope of takeovers after having realigned them.

In addition to renewable energies, his business activities focus on real estate. His involvement around real estate is characterised by significant own investments in logistics, residential, office and social real estate with the aim of trading and maintaining the portfolio. Among other things, he is a major shareholder and chairman of the supervisory board of the Düsseldorf, Hamburg and Stuttgart-based real estate developer DFI Real Estate GmbH & Co KG, one of the leading providers of innovative and sustainable industrial, commercial and logistics real estate in Germany, and of the Hamburg-based real estate company MAGNA Real Estate AG, one of the leading companies in the development of commercial, residential and social real estate.

Reinecke has excellent contacts to numerous decision-makers throughout Germany.

In addition, Mr. Reinecke has entered into various corporate investments with a wide variety of focuses. He has acted as a strategic advisor to the management and the board of directors and has played a decisive role in their growth through the injection of equity and debt capital. In 2021, Reinecke successfully exited as the largest shareholder in the Hamburg logistics company Aves One AG, which he had realigned since 2012, as part of a takeover.

 

Press contact
Green FOX Energy GmbH
Jacqueline Kaule
Senior Marketing & Communication Manager
Große Elbstraße 61
22767 Hamburg
+49 (40) 238 311 144
j.kaule@greenfoxenergy.de