Carlsquare advised the shareholders of Südvolt GmbH on its sale to BKW AG. With this acquisition, BKW enters the German balancing services market, strengthening its position in one of Europe’s most important flexibility markets.
Founded in 2012 and headquartered in Munich, Südvolt is one of the last independent balancing service providers in Germany. As a certified Virtual Power Plant (VPP) operator, Südvolt offers all three balancing products (FCR, aFRR, mFRR) and is directly connected to all four German Transmission System Operators. The company serves more than 70 customers with over 200 power-producing units, representing a marketed portfolio of more than 1 GW capacity.
The BKW Group, based in Bern, is an international energy and infrastructure company with over 12,000 employees, operating in ten countries. With its Solutions 2030 strategy, BKW is expanding investments in energy storage and production, with a focus on decentralized flexibility and sustainable growth.
With a strong track record in the energy and infrastructure sector, Carlsquare once again demonstrates its expertise in a dynamic and strategically important market.
Carlsquare acted as exclusive financial advisor to the shareholders of Südvolt.
