ILOS Projects
ILOS Projects is a Karlsruhe-based pan-European Independent Power Producer that develops, constructs, owns, and operates utility-scale solar PV, BESS, and green hydrogen projects across seven European countries, selling electricity through state-backed PPAs, CfDs, and feed-in tariffs to utilities and energy companies.
- Company typePrivate
- Founded2018
- HeadquartersKarlsruhe, Germany
- Headcount51–100
- GTM typeB2B
- OfferingServices
What ILOS Projects does
ILOS Projects GmbH & Co. KG is a Karlsruhe, Germany-based Independent Power Producer (IPP) founded in 2018 by Michael Winter and Nikolaus Krane. The company develops, constructs, owns, and operates utility-scale solar photovoltaic power plants across seven European markets — the United Kingdom, Ireland, the Netherlands, Italy, Greece, Spain, and Germany (since mid-2023) — with projects structured under state-backed revenue mechanisms including Power Purchase Agreements (PPAs), Contracts for Difference (CfD), and feed-in tariffs. As of year-end 2024, ILOS managed a 4.5 GWp portfolio comprising 123 MW of operating assets, 367 MW under construction, and 961 MW of ready-to-build capacity, supplemented by integrated battery energy storage (BESS) and an emerging green hydrogen interface. ILOS partners with local developers (e.g., Soleire Renewables in Ireland, Yamko Energy in Greece for the 100MW Mantasia hydrogen project) to enter markets and originate projects while retaining long-term ownership to operate.
ILOS monetizes electricity generation primarily through long-tenor, state-backed offtake contracts, producing recurring revenue tied to kWh produced; a secondary revenue stream provides commercial and technical asset management services to investors and lenders of operating solar farms. Go-to-market is sales-led and institutional: the company engages directly with utilities and energy companies such as Bord Gáis Energy for PPA offtake and secures project-level debt from lenders including Danske Bank, Bayerische Landesbank, EIG, and La Caisse. ILOS was majority-owned by BNP Paribas Asset Management Alts, then transitioned in 2025 when AXA IM Alts acquired a 60% stake from founders and Omnes Capital, becoming the strategic majority shareholder alongside the founding management team.
ILOS Projects firmographics
Firmographics- Name
- ILOS Projects
- Legal name
- ILOS Projects GmbH & Co. KG
- Website
- https://ilos-energy.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- ILOS Projects is a Karlsruhe-based pan-European Independent Power Producer that develops, constructs, owns, and operates utility-scale solar PV, BESS, and green hydrogen projects across seven European countries, selling electricity through state-backed PPAs, CfDs, and feed-in tariffs to utilities and energy companies.
- Ownership category
- akta.pro rank
ILOS Projects industry classification
Industry- Product category
- Renewable Energy / Solar Power Generation (Independent Power Producer)
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB)
- akta.pro secondary industries
- Operations, Maintenance & Asset Management (O&M, Vegetation, Spares, SCADA) (EUACAGAH), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Utility-Scale Power Generation Asset Management (EUAEAMAA), Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)
Keywords
Where ILOS Projects is headquartered
LocationHeadquarters
- HQ city
- Karlsruhe
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
ILOS Projects business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Renewable Energy Sales: ILOS develops, constructs, and operates solar PV projects, selling electricity through long-term Power Purchase Agreements (PPAs), feed-in tariffs, and Contracts for Difference (CfD) schemes. The company retains ownership of operating assets to generate recurring revenue from electricity generation.
- Asset Management Services: Provides commercial and technical asset management services for operating solar farms including performance optimization, contract management, and stakeholder reporting for investors and lenders.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
ILOS Projects product offering
Product offeringCore offering
ILOS Projects develops, constructs, and operates utility-scale solar photovoltaic (PV) power plants across seven European markets, integrating battery energy storage systems (BESS) and green hydrogen capabilities. The company retains ownership of operational assets and sells electricity through long-term Power Purchase Agreements (PPAs), feed-in tariffs, and Contracts for Difference (CfD) schemes to utilities, energy suppliers, and grid operators, while also providing commercial and technical asset management services for its operating solar farms.
Product overview
ILOS Projects operates as a pan-European Independent Power Producer (IPP) offering an integrated platform for the development, construction, and long-term ownership and operation of utility-scale solar photovoltaic power plants. The core offering spans solar PV development with integrated battery energy storage (BESS) and green hydrogen capabilities, with projects structured under state-backed revenue mechanisms including PPAs, feed-in tariffs, and Contracts for Difference. The portfolio includes operating assets, projects under construction, and ready-to-build sites across seven European markets (Germany, UK, Ireland, Netherlands, Italy, Greece, Spain), with a total secured pipeline exceeding 4.5 GWp as of end-2024.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar PV Development and Ownership
- Battery Energy Storage Systems (BESS)
- Green Hydrogen Production (Mantasia)
- Commercial and Technical Asset Management Services
Quantifiable outcome
- 25% increase in Ireland's operational solar fleet capacity through Cork and Tipperary projects
- +2 more outcomes
Companies that use ILOS Projects
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles3 records
ILOS Projects technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ILOS Projects partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Yamko EnergycoreYamko Energy and ILOS Energy formed a Germany-based joint venture to develop the 100MW Mantasia green hydrogen plant in central Greece. The project is among the first to navigate Greece's complex hydrogen regulatory framework, receiving environmental and government approval. The plant aims to supply low-carbon hydrogen to heavy industry and transport sectors.
- Soleire RenewablescoreSoleire Renewables is the development partner for the 217MW Ballyhea solar farm in Co Cork, Ireland. The partnership demonstrates ILOS's strategy of working with local developers to enter and expand in European markets.
- TLT (law firm)minorTLT law firm advised Germany-based ILOS on the £70 million debt facility from Bayerische Landesbank for UK solar PV projects. The transaction involved comprehensive support from early development through financing.
Scale indicators13 records
Recent moves7 records
Expansion highlights6 records
ILOS Projects competitors and assessment
Company assessmentDirect peers
- European Energy: Denmark-based developer and IPP of utility-scale solar PV and wind across European markets with a similar develop-to-own model. Comparable as a mid-sized European renewable IPP focused on multi-geography utility-scale project development, construction and long-term operation.
- Sonnedix: Global solar IPP with a >10 GWp portfolio concentrated in Europe, owned by JP Morgan's infrastructure fund. Directly comparable as a large-scale solar IPP operating under PPAs and government schemes across multiple European jurisdictions with a long-term hold strategy.
- Encavis AG: Germany-listed solar and wind IPP operating >3.5 GW across Europe. Comparable as a publicly traded European solar IPP generating recurring revenue through PPAs and feed-in tariffs, with an integrated asset management and operations platform.
- Lightsource bp: Global utility-scale solar developer and operator owned by bp, with substantial European operations. Comparable as a fully integrated utility-scale solar developer-EPC-operator with multi-gigawatt pipelines across the UK, Ireland, Spain, Portugal and other European markets.
- BayWa r.e. Germany-headquartered global developer of utility-scale solar, wind and storage with IPP operations in Europe and beyond. Comparable as a vertically integrated renewable energy developer operating multi-GW portfolios with project development, EPC and asset management capabilities.
- Akuo Energy: France-based independent renewable energy developer and IPP with operations across Europe and overseas. Comparable as an independent, founder-influenced European renewables IPP developing solar, wind and storage projects with state-backed revenue mechanisms.
Broad incumbents
- EDP Renováveis: One of the world's largest renewable energy operators with >15 GW installed across wind and solar in Europe, Americas and Asia-Pacific. Comparable as a large incumbent European-headquartered utility-scale solar IPP but with significantly broader geographic scale and wind exposure.
- Enel Green Power: Global renewables arm of Enel Group with >50 GW of operated renewable capacity including major European solar. Comparable as a broad incumbent in European utility-scale solar IPP space but with much greater scale and a wider technology and geographic mix.
- Iberdrola Renovables: Spanish utility's renewables arm operating multi-GW solar and wind portfolios across Europe, Americas and Australia. Comparable as a broad incumbent utility-scale renewable IPP with significant European presence including Spain, UK and Germany.
- RWE Renewables: European utility's renewables division with a multi-GW solar and wind portfolio across Europe and the US, including substantial UK presence. Comparable as a broad incumbent European renewables IPP overlapping with ILOS in core markets such as UK, Germany and Netherlands.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
ILOS Projects social profiles
Digital presenceILOS Projects financial estimates
Financial estimateRevenue estimate
Valuation estimate
ILOS Projects leadership team
Management profileNumber of profiles
Profiles6 records
ILOS Projects subsidiaries and ownership
Company hierarchySubsidiaries1 record
ILOS Projects funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ILOS Projects M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ILOS Projects
What does ILOS Projects do?
ILOS Projects develops, constructs, and operates utility-scale solar photovoltaic (PV) power plants across seven European markets, integrating battery energy storage systems (BESS) and green hydrogen capabilities. The company retains ownership of operational assets and sells electricity through long-term Power Purchase Agreements (PPAs), feed-in tariffs, and Contracts for Difference (CfD) schemes to utilities, energy suppliers, and grid operators, while also providing commercial and technical asset management services for its operating solar farms.
Is ILOS Projects a public or private company?
ILOS Projects is a private company. It is classified as private equity controlled and is currently operating.
When was ILOS Projects founded?
ILOS Projects was founded in 2018. It employs 51 to 100 people.
Where is ILOS Projects based?
ILOS Projects is headquartered in Karlsruhe, Germany, in the Europe region.
How does ILOS Projects make money?
Two revenue lines are on record. Renewable Energy Sales are the primary driver. The others are asset Management Services.
Who are ILOS Projects's main competitors?
Direct peers on record are European Energy, Sonnedix, Encavis AG, Lightsource bp, BayWa r.e. and Akuo Energy. Broad incumbents are EDP Renováveis, Enel Green Power, Iberdrola Renovables and RWE Renewables.
Does ILOS Projects have an API?
No public API is recorded for ILOS Projects.
What industry is ILOS Projects in?
ILOS Projects's product category is Renewable Energy / Solar Power Generation (Independent Power Producer). Its primary akta.pro industry code is EUACAGAB, Utility-Scale PV EPC (Engineering, Procurement & Construction), with a secondary code of EUACAGAH, Operations, Maintenance & Asset Management (O&M, Vegetation, Spares, SCADA). Its NAICS code is 221114 and its SIC code is 4911.