Ib Vogt

What Ib Vogt does

Ib vogt GmbH is a Berlin-headquartered, privately held developer of utility-scale solar photovoltaic (PV) power plants, founded in 2002 and operating across the full project lifecycle from origination and permitting through grid connection, financing, EPC delivery, and ongoing operations and maintenance. The company runs a 55+ GW development pipeline spanning 33 countries, with primary focus on OECD markets and selective high-growth non-OECD geographies including India, the Philippines, and South Africa. Approximately 910-1,000 employees support these operations, with around one-third based at the Berlin headquarters.

The company's technical platform rests on "Engineering in Germany" design and quality standards applied across global projects, covering bifacial solar panels with single-axis tracking, solar-plus-storage (BESS) hybrid configurations, and an in-house BESS team managing a 12 GW pipeline with a publicly stated target of 20 GW by end of 2028. ib vogt offers integrated EPC services, long-tail O&M, asset management, and project finance and PPA structuring capabilities, supported by relationships with commercial banks, DFIs, export credit agencies, and institutional capital providers.

ib vogt runs a hybrid asset rotation and IPP model: it develops projects through commercial operation, then divests most to international institutional investors (e.g., the EUR 230m Irish portfolio in February 2026 and the 95.18 MWp Baobab Solar sale in December 2025) while retaining O&M and asset management mandates, and simultaneously retains a growing share of assets long-term through its IPP platform established in 2020, which now exceeds 1 GWp in implementation and construction. Customer segments include institutional investors and IPPs acquiring completed assets, corporate energy buyers executing PPAs or captive solar projects (Apple, IKEA/Ingka, Linde, AirTrunk, Motherson, Kiri Industries, Sangam India), and government utilities participating in capacity auctions such as Ireland RESS 2 and South Africa REIPPPP.

Name

Ib Vogt

Legal name

ib vogt GmbH

Website

https://ibvogt.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

501–1,000 employees

Short description

ib vogt is a Berlin-headquartered, privately held developer of utility-scale solar PV plants with growing wind and battery energy storage portfolios, serving institutional investors, corporate energy buyers, and government utilities across 33 countries.

Ownership category

akta.pro rank

Product category

Utility-Scale Solar Development

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build) (EUAMAAAF)

akta.pro secondary industries

Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Utility-Scale Power Generation Asset Management (EUAEAMAA)

Keywords

• Utility-scale solar development
• Battery energy storage
• Renewable energy EPC
• Solar power projects
• IPP asset management

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Project Development and Asset Divestment: ib vogt develops utility-scale solar PV and BESS projects from origination through permitting, grid connection, and PPA securing, then divests completed assets to institutional investors, IPPs, and corporate offtakers at or after commercial operation. This is the primary revenue driver, evidenced by the €230m Irish portfolio divestment and €230m Baobab Solar sale in Spain. Revenue is generated at project milestones (financial close, COD, transaction close).
2. Engineering, Procurement and Construction (EPC) Services: ib vogt provides comprehensive EPC services for solar PV plants globally, including engineering and design, energy yield assessments, procurement, construction management, commissioning, testing, and handover. EPC services are delivered to both externally-owned projects and the company's own IPP portfolio.
3. Operations and Maintenance (O&M) Services: Ongoing O&M services are provided across the operational portfolio to maximise power generation and minimise downtime. ib vogt retains O&M and asset management mandates even after divesting project equity, creating recurring service revenue.
4. Power Purchase Agreements (PPAs) and Capacity Contracts: ib vogt structures and secures long-term PPAs and capacity contracts (e.g., 15-year contracts under Ireland's RESS 2, 10-year PPA with Linde) that underpin project financing and asset valuations. PPAs are structured with corporate and utility buyers.
5. IPP Asset Ownership and Long-Term Power Generation Revenue: The IPP model, established in 2020, involves retaining ownership of selected solar and storage assets for long-term power generation revenue. The company has over 1 GWp implemented and in construction, with ambitions to expand the owned portfolio as part of the asset rotation strategy.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Ib Vogt develops, finances, constructs, and operates utility-scale solar photovoltaic power plants and battery energy storage systems (BESS) across 33 countries, with a 55+ GW development pipeline focused primarily on OECD markets. The company offers end-to-end services spanning project origination, site selection, permitting, grid connection, PPA structuring, EPC delivery using "Engineering in Germany" standards, and long-term operations and maintenance plus asset management. It operates a hybrid model combining one-time project divestments to institutional investors and corporate offtakers with a growing IPP-owned portfolio exceeding 1 GWp.

Product overview

Ib Vogt operates as a leading utility-scale renewable energy development platform with a vertically integrated model spanning project development, financing, EPC, and asset management. The core offering consists of utility-scale solar PV development (55+ GW pipeline) complemented by growing wind and BESS portfolios (12 GW BESS pipeline). Services include project origination through commissioning, financing and PPA structuring, EPC delivery using German engineering standards, and long-term O&M and asset management. The IPP business model with asset rotation strategy creates recurring revenue streams while maintaining project quality and operational excellence.

Differentiator

Problem solved

Functional benefit

Products and services

• Utility-Scale Solar PV Development End-to-end development of utility-scale solar photovoltaic power plants spanning site selection, permitting, grid connection, PPA structuring, and EPC delivery. Leverages a 55+ GW global development pipeline primarily focused on OECD markets.
• Battery Energy Storage Systems (BESS) Large-scale battery energy storage system projects including standalone BESS solutions and solar PV co-located storage with multiple revenue streams (ancillary services, energy shifting, peaking capacity). Current pipeline of 12 GW with a target of 20 GW by end of 2028.
• Engineering, Procurement and Construction (EPC) Comprehensive EPC services for solar PV plants including engineering and design, energy yield assessments, procurement, construction management, commissioning, testing, and handover. Applies "Engineering in Germany" quality standards to maximize energy yields and plant reliability.
• Operations and Maintenance (O&M) Ongoing O&M services throughout the operational lifetime of solar plants including ensuring operative availability, performance ratio optimization, preventative and corrective maintenance, monitoring and reporting, optimization, and claim management. Retained even after asset divestment.
• Solar Power Asset Management Complete operational and financial management of solar plants including technical asset management, commercial asset management, managing technical and administrative processes, verifying contractual obligations, and managing supplier and customer relationships.
• Project Financing and PPA Structuring Comprehensive financing and PPA solutions leveraging multi-source experience and internal project financing capabilities with relationships across PPA providers, banks, investors, DFIs, and export credit agencies. Includes due diligence, financial structuring, construction and bridge financing, project finance, and PPA arrangement.
• IPP (Independent Power Producer) Asset Ownership Long-term ownership and operation of selected solar and storage assets for recurring power generation revenue. Over 1 GWp of IPP projects implemented and in construction as part of the asset rotation strategy established in 2020.

Quantifiable outcome

• 275 GWh of clean electricity generated annually from the Irish solar portfolio, powering 65,600+ Irish households and preventing ~70,250 tonnes CO₂ emissions per year
• +6 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core, minor and major.

• Motherson Group / Motherson New Energy Limited (MNEL)coreStrategic or Co-development Partner · 8 June 2026ib vogt developed a 15 MWp captive solar plant in Uttar Pradesh, India, through subsidiary Onega Solar Pvt Ltd in partnership with Motherson New Energy Limited (MNEL). The project, commissioned in June 2026, supplies clean electricity to Motherson manufacturing plants under a group captive model. MNEL is evaluating additional renewable energy projects across Indian states.
• LindecoreGTM or Marketing Partner · 7 May 2026Linde signed a 10-year PPA with ib vogt for electricity from a new solar park in Catalonia, Spain (Q2 2028 commissioning). The PPA supports Linde's decarbonisation strategy targeting a 35% reduction in Scope 1&2 GHG emissions by 2035 and carbon neutrality by 2050.
• Highfield SolarcoreStrategic or Co-development Partner · 6 February 2026Highfield Solar is a joint venture in which ib vogt is a main partner. The JV developed the Irish solar portfolio (Gaskinstown, Rathnaskilloge, Clonin North — 272 MWp combined) under Ireland's RESS 2 scheme. ib vogt led all three transaction processes and continues to provide O&M services for divested projects.
• KPMGminorImplementation/ SI/ Consulting Partner · 6 February 2026KPMG acted as exclusive financial advisor to ib vogt on the Irish solar portfolio divestment transactions totalling approximately EUR 230 million.
• EOS NER Solar España (subsidiary of EOS Holding)majorChannel Partner/ Reseller/ Distributor · 16 December 2025EOS NER Solar España acquired the 95.18 MWp Baobab Solar project in Segovia, Spain from ib vogt. ib vogt retains O&M and asset management responsibilities. This was EOS's second renewable energy investment in Spain, signalling strong IPP appetite for high-quality European renewable infrastructure.
• Ingka Investments (IKEA)coreStrategic or Co-development Partner · 21 November 2025Ingka Investments (IKEA's investment arm) partnered with ib vogt to develop a 210 MWp solar project in Rajasthan, India — ib vogt's first renewable energy investment in India. Ingka acquired 100% stake in the project, which is expected to reach operations by December 2026. The project is part of Ingka's INR 1,000 crore renewable energy commitment.
• Latham & Watkins LLPminorImplementation/ SI/ Consulting Partner · 1 November 2025Latham & Watkins LLP advised on an USD 80 million mezzanine loan for ib vogt's Southeast Asia solar portfolio, recognised at IJGlobal ESG and Investor Awards APAC 2025.
• AirTrunkminorGTM or Marketing Partner · 1 February 2024AirTrunk signed a 30 MW virtual PPA (vPPA) with IB Vogt in February 2024 under Malaysia's Corporate Green Power Program. This complemented AirTrunk's 1MW rooftop solar installation at its JHB1 data center in Johor, Malaysia. The partnership supports AirTrunk's sustainability and net-zero commitments.

Scale indicators19 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Sonnedix: Global solar IPP with a multi-GW operating portfolio across OECD markets. Sonnedix shares ib vogt's strategy of developing/operating solar assets for long-term yield, with similar institutional investor backing and asset rotation history.
• Lightsource bp: One of the largest global utility-scale solar developers and IPPs, with operations across OECD markets and a multi-GW development pipeline. Lightsource bp competes directly with ib vogt in utility-scale solar development, EPC, and long-term asset ownership strategies.
• Encavis AG: European solar and wind IPP listed in Germany with a GW-scale operating portfolio. Encavis competes with ib vogt for institutional capital, operates in similar European markets, and pursues a parallel developer-to-IPP strategy.
• BayWa r.e. German-headquartered global renewable energy developer with utility-scale solar project development, EPC, and IPP operations across Europe, Americas, and Asia-Pacific. BayWa r.e. is a direct competitor in the OECD-focused utility-scale solar development space.
• Solaria Energía y Medio Ambiente: Spanish vertically integrated solar developer and IPP with significant utility-scale project pipeline across Iberia and Europe. Solaria competes with ib vogt directly in European solar development and IPP ownership, particularly in the Iberian market.

Emerging players

• Matrix Renewables: Emerging solar developer and IPP backed by TPG that has rapidly built a multi-GW development pipeline across Europe, Latin America, and Asia-Pacific. Matrix Renewables is an emerging peer that competes with ib vogt in similar markets with a similar asset rotation-to-IPP strategy.

Broad incumbents

• Enel Green Power: Global renewable energy platform of Enel Group with multi-GW solar, wind, and storage capacity across the Americas, Europe, Africa, and Asia. Competes with ib vogt in large-scale solar development and corporate PPAs, but as part of a much larger integrated utility.
• EDP Renováveis: One of the world's largest renewable energy operators with a GW-scale solar and wind portfolio across global markets. EDP Renováveis is a broader incumbent that competes with ib vogt for utility-scale solar project opportunities and corporate PPA off-takers.
• Acciona Energía: Spanish-headquartered global renewable energy developer and IPP with utility-scale solar and wind capacity. Acciona Energía competes with ib vogt in Iberian, Latin American, and Asia-Pacific utility-scale solar markets and pursues similar corporate PPA strategies.
• RWE Renewables: European integrated utility with a major renewable energy development arm focused on solar, wind, and storage. RWE competes with ib vogt across European markets for utility-scale solar projects, BESS pipeline, and corporate PPA opportunities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@ibvogtgmbh6088
• LinkedInde.linkedin.com/company/ib-vogt-gmbh

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries6 records

Funding overview

Funding rounds6 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ib Vogt