Conergy
 |
|
| Private | |
| Industry | Solar energy |
| Founded | 1998 in Hamburg Germany |
| Founder | Hans-Martin Rüter |
| Headquarters | Kaufmannshaus Bleichenbrücke 10, 20354 Hamburg, Germany |
|
Key people
|
Andrew de Pass (CEO) Christina Welsch (CFO) Alexander Gorski (COO) Marc Lohoff (CSO) |
| Services | Solar asset investment, Project development, Engineering, Procurement and Construction, Operations and Maintenance |
| Revenue | Not disclosed |
| Owner | Kawa Capital Management |
|
Number of employees
|
350 |
| Website | www.conergy.com |
Conergy is a company in the solar energy industry providing project development, financing, EPC and O&M services with more than 1.3GW installed globally. Conergy is one of the world's largest downstream solar companies. It was founded in 1998 by the former chairman of the board Hans-Martin Rüter.
In March 2005 Conergy was registered at the with the abbreviation “CGY“ and the ISIN DE 00060 40025. Three months after its IPO, the company was added to the TecDAX index, in which it remained until March 2011. Until 2013, the Conergy group manufactured technology in Germany for solar wholesalers, installers, industrial or private roof-owners and investors in solar power as required.
On 5 July 2013, Conergy filed for preliminary insolvency at the District Court of Hamburg, one of a succession of German solar manufacturers that collapsed, under pressure from depressed prices due to oversupply by Chinese manufacturers.
Later in July 2013, US private equity firm Kawa Capital Management announced it would buy the Conergy brand and some of the international sales and service units, without the manufacturing businesses. By November 19, 2013, Kawa Capital Management had acquired the global service centre in Hamburg, and sales units in the USA, Canada, UK, Germany, Italy, Thailand, Singapore and Australia. In February 2014, Conergy opened its first office in Japan.
Conergy has its Americas headquarters in Miami, FL; its Europe, Middle East, Africa, and India (EMEAI) headquarters in Hamburg, Germany; and its Asia-Pacific headquarters in Singapore.
Their distribution network for solar products covers over 67 distributors and wholesalers, across over 18 different countries.
In 2011, Conergy won the race to build the UK’s first large solar plant with a 5MW solar farm at Hawton, Nottinghamshire. By summer 2014, Conergy had become one of the top five biggest companies for the engineering, procurement and construction of solar plants in the UK.
In June 2014 Conergy announced two projects with RWE, the European utility’s first large solar plant in the UK, and a solar leasing partnership for businesses.
In May 2014, Conergy completed the first large solar plant in the Philippines and in September 2014, Conergy Australia announced it would build the world’s first heart-shaped solar farm on the Pacific island of New Caledonia. In Australia, the company has built solar rooftops for a factory owned by Mars Incorporated as well as for a call centre run by the Government of Queensland.
In January 2014, Conergy announced plans to move into asset investment by establishing a tax equity fund with an initial target volume of US$100 million in order to expand its US and Canada project business.
...
Wikipedia