HEP Kapitalverwaltung AG (hep solar)
Fund-management company (KVG) of hep global GmbH (Unternehmensgruppe hep solar)
Also known as HEP Kapitalverwaltung AG, HEP KVG, hep solar Invest, hep global, hep solar, mtc green projects GmbH
Güglingen KVG of the hep solar group (BaFin-authorised 2018) managing closed-ended retail and special solar AIFs and an ELTIF; EUR 660m AuM and 6,700 investors (March 2025).
This record is the BaFin-authorised solar-fund KVG of the hep solar group in Güglingen. The group holding hep global GmbH develops, builds and operates solar parks and is the parent, not a separate profile.
- HEADQUARTERS
- Güglingen, Germany
- FOUNDED
- 2012
- AUM
- €660M (2025)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 4 people
Focus
- STAGES
- Growth
- SECTORS
- Climate & Energy
- ASSET MIX
- Private equityImpact
- GEOGRAPHY
- GlobalNorth AmericaUnited StatesCanadaJapanEurope
Investment arms & vehicles
- Article 9 ELTIF investing in solar and storage projects
- Special AIF for (semi-)professional investors in Alberta solar projects
Overview
HEP Kapitalverwaltung AG grew out of mtc green projects GmbH, founded in 2012; it was registered with BaFin in 2014, became an AG in 2017 and since 2018 holds BaFin authorisation as an external KVG. It manages closed-ended retail and special AIFs that invest, mostly through target funds and project companies, in solar parks at any project stage in the USA, Canada, Japan and Europe, with structured access to projects of the hep solar group (founded 2008-09 by Christian Hamann and Thorsten Eitle) but also reviewing third-party assets. It reports EUR 660m of assets under management and about 6,700 investors (March 2025). Current products are the hep solar Invest ELTIF and the HEP Solar Club Deal 1 special AIF for solar projects in Alberta, Canada.
Investment thesis
Solar parks and battery storage, bought as project rights and financed through development, construction and operation, then held for feed-in or PPA revenues or sold; target markets USA, Canada, Japan and Europe.
PORTFOLIO (7)
- Solarpark Spremberg (5.3 MWp, HEP – Solar Spremberg)Climate & Energy · since 2010
- Solarpark Nordendorf (7.55 MWp, HEP – Solar Nordendorf)Climate & Energy · since 2010
- Solarpark Trefullock, Cornwall (HEP – Solar England 1)Climate & Energy · since 2011
- Eight Japanese solar parks incl. Arida (HEP – Solar Japan 1, 11.7 MWp)Climate & Energy · since 2015
- 13 US and 3 Japanese solar parks (HEP – Solar Portfolio 1)Climate & Energy · since 2019
- 14 US solar parks, about 62.5 MWp (HEP – Solar Portfolio 2)Climate & Energy · since 2020
- Solar project Alderson, Alberta (about 124 MWdc planned; HEP Solar Club Deal 1)Climate & Energy
People
- Ingo BurkhardtCEO (Vorstandsvorsitzender) since 2025 · source
- Thorsten EitleCo-founder of hep solar; Board member and Chief Sales Officer · source
- Dr. Nikolai NoeskeBoard member and Chief Risk Officer (since 2026) · source
- Christian HamannCo-founder of hep solar; Chair of the Supervisory Board · source
Links
Frequently asked questions
HEP Kapitalverwaltung AG (hep solar) is a private equity fund based in Güglingen, Germany, founded in 2012.
Yes. HEP Kapitalverwaltung AG (hep solar) invests its own capital in private companies.
HEP Kapitalverwaltung AG (hep solar) invests at Growth stage in Climate & Energy.
Key people at HEP Kapitalverwaltung AG (hep solar) include Ingo Burkhardt (CEO (Vorstandsvorsitzender) since 2025), Thorsten Eitle (Co-founder of hep solar; Board member and Chief Sales Officer), Dr. Nikolai Noeske (Board member and Chief Risk Officer (since 2026)) and Christian Hamann (Co-founder of hep solar; Chair of the Supervisory Board).
HEP Kapitalverwaltung AG (hep solar)'s investments include Solarpark Spremberg (5.3 MWp, HEP – Solar Spremberg), Solarpark Nordendorf (7.55 MWp, HEP – Solar Nordendorf), Solarpark Trefullock, Cornwall (HEP – Solar England 1), Eight Japanese solar parks incl. Arida (HEP – Solar Japan 1, 11.7 MWp), 13 US and 3 Japanese solar parks (HEP – Solar Portfolio 1), 14 US solar parks, about 62.5 MWp (HEP – Solar Portfolio 2) and Solar project Alderson, Alberta (about 124 MWdc planned; HEP Solar Club Deal 1).
Yes. HEP Kapitalverwaltung AG (hep solar) manages capital from outside investors.