re:cap global investors

Name

re:cap global investors

Legal name

re:cap global investors ag

Website

https://re-cap.ch

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Renewable Energy Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

ESG/Sustainable Investment Advisory (FSAEAAAJ)

akta.pro secondary industry

Renewable Energy Infrastructure (FSAAAKAG)

Keywords

• Renewable energy investing
• Infrastructure fund management
• Investment advisory services
• Asset management
• Transaction advisory

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Investment Advisory & Asset Management Fees: re:cap earns fees as the exclusive investment advisor for FP Lux funds. Services include project selection, transaction advisory, portfolio management, and commercial management for renewable energy assets held in fund structures. Fee structures include management fees and transaction-based compensation.
2. Transaction Advisory: Advisory fees earned on acquisition and sale of renewable energy projects (solar, wind, battery storage) for fund clients and third parties. Services include commercial evaluation, due diligence, purchase price negotiation, and SPA management.
3. FP Lux Fund Management (via partners): FP Lux funds target EUR 500 million (Battery Storage Fund), EUR 400 million (Energy Transition Fund), and EUR 290 million (RE Infrastructure Opportunities). re:cap acts as exclusive investment advisor, earning advisory fees from fund management.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

re:cap global investors ag is an independent investment advisor that structures and manages renewable energy investment vehicles (FP Lux funds) for institutional investors. It sources, evaluates, and acquires solar, wind, battery storage, and EV charging infrastructure projects across Europe, then provides ongoing asset management, commercial management, and balancing market monetization. The firm also offers transaction advisory services to project developers and operates subsidiaries for solar project development, EV charging infrastructure, and technical operations management.

Product overview

re:cap global investors is an independent investment advisory firm offering a platform of renewable energy investment products and services. The core offering includes multiple specialized funds (RE Infrastructure Opportunities, European Battery Storage Fund, NRW Energy Transition Fund, Energy Transition Fund) managed by FP Lux, supplemented by proprietary services like the PPA Advisory Board/ Flex-Trading for balancing market access and the Center of Expertise for technical optimization. The company also operates subsidiary brands including re:cap green energy for solar project development in Germany, Stark Energy for EV charging infrastructure, and 4:energy for technical operations management. Services span from project acquisition and transaction advisory through long-term asset management, covering solar, wind, battery storage, and charging infrastructure across seven European countries.

Differentiator

Problem solved

Functional benefit

Brands

• re:cap green energy: Subsidiary focused on development of ground-mounted solar projects in Germany, operating as re:cap green energy Deutschland GmbH
• Stark Energy
• 4:energy
• REIO Fonds
• FP Lux European Battery Storage Fund
• FP Lux NRW Energy Transition Fund

Products and services

• Investment Advisory Services Independent investment advisory for institutional investors targeting renewable energy assets, including project sourcing, commercial evaluation, due diligence, purchase price negotiation, and SPA management for fund clients and third parties.
• FP Lux RE Infrastructure Opportunities Fund (REIO) Multi-technology fund investing in solar, wind, hydropower, battery storage, and energy efficiency projects across European OECD countries; manages 309 MWp across 13 projects with ~200 million EUR from 15 existing investors.
• FP Lux Energy Transition Fund Fund with EUR 400 million volume investing in solar, wind parks, battery storage, and electric charging infrastructure across Europe, launched by FP Group and re:cap.
• FP Lux European Battery Storage Fund Specialized fund targeting battery energy storage systems (BESS) across Europe with EUR 500 million target volume, focusing on Germany, Scandinavia, Italy, and Netherlands. re:cap acts as exclusive investment advisor.
• FP Lux NRW Energy Transition Fund Regional fund investing in photovoltaic, wind power, battery storage, and charging infrastructure specifically in North Rhine-Westphalia, Germany, designed for NRW Sparkassen with Sparkasse Dortmund as lead investor and co-initiator.
• Balancing Services / Flex-Trading Service extending the PPA Advisory Board to balancing market participation (FCR, aFRR, mFRR) for flexibility monetization of renewable assets, bringing 232 MW of renewable assets to European balancing markets by mid-2025.
• re:cap green energy (Solar Project Development) Subsidiary developing free-field solar projects in Germany, offering land evaluation, project development, construction, and commissioning services for ground-mounted solar installations.
• Stark Energy (EV Charging Infrastructure) Project developer for public fast charging infrastructure in Germany, specializing in High Power Charging (150 kW+) stations at locations with good traffic connections; supplies stations with 100% green electricity from re:cap-managed solar and wind parks.
• 4:energy (Technical Operations Management) Technical operations management company handling engineering, technical operations, and commercial asset servicing for renewable energy installations; holds ISO 9001 and ISO 27001 certifications and has been a UN Global Compact member since 2025.

Quantifiable outcome

• 232 MW of renewable assets enrolled in balancing markets across Europe by mid-2025
• +5 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

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

• FP Investment PartnerscoreChannel Partner/ Reseller/ Distributor · 13 November 2025FP Investment Partners is the initiator and distribution partner for the FP Lux European Battery Storage Fund (target EUR 500 million) and FP Lux NRW Energy Transition Fund. Richard Zellmann is Managing Director and Partner. re:cap serves as exclusive investment advisor. Institutional investors from Germany have committed to the Battery Storage Fund.
• BayWa r.e.majorStrategic or Co-development Partner · 27 January 2025BayWa r.e. is a global renewable energy company that develops, constructs, and operates solar and wind projects. It has sold multiple projects to FP Lux funds (Tarquinia 51.4 MWp in Italy, 80 MWp + storage in Yorkshire UK, French PV portfolio, and 11-project Italian development portfolio). re:cap acts as investment advisor accompanying these transactions.
• Stark Energy GmbHcoreStrategic or Co-development Partner · 16 May 2023Founded by re:cap in 2023 as an independent project development company for charging infrastructure in Germany. Targets high-power charging (150 kW+) at locations with good traffic connections. Plans to invest double-digit millions by end of 2024 with 100+ charging points in pipeline. Supplies charging stations with 100% green electricity from re:cap-managed solar and wind parks.
• First PrivatecoreChannel Partner/ Reseller/ DistributorFirst Private is a BaFin-licensed, owner-managed asset management firm with 25+ years of experience in equities and absolute return mandates. It is the initiator of re:cap and serves as the gateway to institutional investors. First Private co-designs fund products with re:cap for FP Lux investment products and is described as the 'strong partner' providing market access and regulatory framework expertise.
• BKN CapitalcoreImplementation/ SI/ Consulting PartnerBKN Capital is an authorized Alternative Investment Fund Manager (AIFM) specializing in fund platform operations for illiquid and complex assets with expertise in credit risk management, internal ratings, and valuation models. The team consists of former senior banking and asset management professionals. BKN Capital ensures FP Lux funds comply with regulatory, reporting, and transparency requirements.
• 4:energycoreTechnology or Integration4:energy is re:cap's own technical operations management company established to ensure quality and performance continuity for investors. Initially focused on technical management of ground-mounted plants in Germany, it now offers engineering, technical management, and commercial asset servicing. 4:energy has been a member of the UN Global Compact since 2025 and holds ISO 9001 and ISO 27001 certifications.
• MQ EnergymajorStrategic or Co-development PartnerMQ Energy is a leading renewable energy developer in Poland with over a decade of experience, specializing in standalone solar and wind power plants. It manages hundreds of solar power plants with capacities up to 500 MW. The partnership enables re:cap to dynamically expand its energy portfolio in Poland leveraging MQ Energy's development expertise.
• SMA AltensomajorTechnology or IntegrationSMA Altenso developed the Battery Park Alapitka project (95MW/220MWh) in Finland for the FP Lux European Battery Storage Fund. Construction led by SMA Altenso with equipment from SMA Solar and Sungrow.
• re:cap green energy Deutschland GmbHcoreStrategic or Co-development PartnerSubsidiary of re:cap specializing in free-area solar project development in Germany. Based in Walldorf, Germany, with Thomas Staudinger as Managing Director. Develops solar projects from site evaluation through construction and commissioning.
• BDEW (German Association of Energy and Water Industries)minorOthersIndustry association membership for market intelligence and sector engagement.
• BWE (German Wind Energy Association)minorOthersIndustry association membership. re:cap is a member of the Wind Surveyors' Advisory Board of the BWE, actively contributing to wind energy development.
• w.one | Women of New EnergiesminorOthersNetwork membership in women of new energies organization, demonstrating commitment to diversity in the renewable energy sector.
• Axpo Nordic ASminorStrategic or Co-development PartnerSigned a 10-year fixed-price power purchase agreement (PPA) with re:cap for the Bröcklingberget wind farm (45.1 MW) in Sweden. Axpo is a Swiss energy company with Nordic operations.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• KGAL: KGAL is a Munich-based investment manager running renewable energy infrastructure funds for institutional and private investors across Europe—directly competing for the same German savings bank and institutional LP relationships as re:cap.
• Copenhagen Infrastructure Partners: Copenhagen Infrastructure Partners is one of Europe's largest dedicated renewable energy infrastructure fund managers, raising multi-billion-euro funds across wind, solar, and storage for institutional investors—directly comparable to re:cap's FP Lux fund platform and ESG institutional focus.
• Foresight Group: Foresight Group manages renewable energy infrastructure funds across Europe for institutional investors with both investment advisory and asset management capabilities—directly comparable in scale, structure, and product offering to re:cap's FP Lux funds.
• Prime Capital Infrastructure: Prime Capital is a Frankfurt-based independent investment manager specializing in infrastructure and energy transition funds for institutional investors across Europe—closely comparable in business model, geography, and target LP base to re:cap.
• Encavis Asset Management: Encavis AM manages renewable energy investment funds for institutional and private investors across Europe with operational asset management—competing directly with re:cap's investment advisory and asset management offering for solar and wind assets.
• NextEnergy Capital: NextEnergy Capital operates the NextEnergy Solar Fund and private renewable energy funds targeting institutional investors across European solar, wind, and storage—directly comparable to re:cap's multi-technology fund platform.
• Aquila Capital: Aquila Capital is a Hamburg-based investment manager with renewable energy infrastructure funds and green investment strategies for European institutional investors—comparable multi-technology fund platform with overlapping target LP base.

Broad incumbents

• Macquarie Asset Management (Green Investment Group): Macquarie's Green Investment Group is a large incumbent in renewable energy infrastructure investment globally—broader in scale and geography but competing for the same institutional mandates and European project pipeline as re:cap.
• MEAG (Munich Re Asset Management): MEAG is the asset manager of Munich Re and ERGO, managing infrastructure and renewable energy investments for German insurance institutional capital—broader incumbent competing for the same insurance LP allocations as re:cap's German insurance managed account.

Emerging players

• Energy Infrastructure Partners: Energy Infrastructure Partners is a Zurich-based specialist infrastructure investor with renewable energy exposure for Swiss and European institutional investors—emerging peer with overlapping geography, target LPs, and ESG thematic focus as re:cap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/in/gunnarwalter

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about re:cap global investors