Reconcept

What Reconcept does

Reconcept GmbH is a Hamburg-based, owner-managed financial services and renewable energy project developer founded in 1998. The company originates and asset-manages green investment products, primarily exchange-tradable (depotfähig) Green Bonds and inflation-protected bonds issued under German capital-markets frameworks, and connects these to its own pipeline of wind, solar, hydro and tidal energy projects across Germany, Finland, Canada and (since June 2026) Spain. As of end-2025 Reconcept reports EUR 685 million in cumulative investment volume placed with 16,000+ private investors, approximately 390 MW of realized renewable capacity across 240 plants, and a development pipeline of roughly 10 GW including German wind, Finnish wind and hydrogen, Canadian tidal and Spanish solar-plus-BESS projects.

The operating model is an integrated two-sided platform. On the project-development side, Reconcept identifies sites, negotiates land leases with landowners, runs permitting and construction, and delivers ready-to-build or operational renewable assets to its own portfolio or to buyers; on the capital side, it acts as issuing house for fixed-interest bonds (6.5-7.75% p.a., 5-7 year tenors, ISIN-registered and listed) and provides ongoing commercial and technical asset management. Revenue derives from issuance fees, recurring asset management fees on the EUR 685M AUM, project development fees and equity participation in projects, supplemented by a sales-partner (Vertriebspartner) distribution network and direct online subscription via its investor portal.

The company is led by Managing Partner Karsten Reetz (with the firm since 2006) alongside Managing Director Christiane Kaufholt-Mecke, and operates through wholly-owned subsidiaries in Canada (reconcept RE Canada Ltd.), Spain (reconcept Iberia S.L.), Germany (reconcept consulting GmbH, reconcept Treuhand GmbH), and a Finnish joint venture (Tuulialfa Oy) that grants it contractual right of first refusal on approximately 3,400 MW of Finnish wind. Technology differentiation is concentrated in the FORCE 1 tidal power platform deployed with Sustainable Marine Energy in the Bay of Fundy, while onshore wind and solar use established turbines from Vestas, Nordex and Enercon. Headcount sits in the 11-50 range and the company is privately held with no parent company or external PE/VC backing disclosed.

Name

Reconcept

Legal name

reconcept GmbH

Website

https://reconcept.de

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Reconcept is a Hamburg-based renewable energy project developer and green bond issuer founded in 1998 that finances its own wind, solar, hydro, tidal and BESS projects across Germany, Finland, Canada and Spain via depotfähig Green Bonds placed with 16,000+ private investors, with EUR 685 million in cumulative investment volume and roughly 10 GW in development pipeline.

Ownership category

akta.pro rank

Product category

Renewable Energy Investment Management

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD)

akta.pro secondary industry

Battery Second-Life & Refurbishment (Repurposing for Stationary Storage) (EUAMALAF)

Keywords

• Green bond issuance
• Renewable energy finance
• Wind project development
• Solar project development
• Asset management services

Headquarters

HQ city

Hamburg

HQ country

Germany

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Green Bond Issuance and Management: Reconcept acts as issuing house for green bonds (Green Bonds, Solar Bonds, Wind Bonds) that finance renewable energy projects. The company earns issuance fees and ongoing management fees from bond programs. Investors receive fixed interest rates (6.5-7.75% p.a.) with semi-annual or annual payouts.
2. Project Development Fees: Development fees earned from identifying, planning, permitting, and delivering renewable energy projects (wind, solar, hydro, tidal) through to ready-to-build status. Revenue generated through project sales, joint ventures, and equity participation.
3. Asset Management Fees: Ongoing fees for managing renewable energy assets and investment products over their operational lifetime, including performance monitoring, reporting, and investor relations services.
4. Project Equity Participation: Direct equity investments in renewable energy projects combined with investor capital, generating returns through project cash flows and eventual exit/sale of operational assets.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Reconcept develops renewable energy projects (solar, wind, hydro, tidal) and finances them through Green Bonds issued to private and institutional investors. The company manages the full project lifecycle from site identification and permitting through construction and long-term asset management. Investors subscribe to fixed-interest bonds (typically 4-7.75% p.a.) while Reconcept earns issuance fees, development fees, and ongoing asset management fees.

Product overview

Reconcept operates as a renewable energy project developer and asset manager offering green investment products. The company offers a portfolio of Green Bonds (including WindEnergie Deutschland I, Green Global Energy Bond II, Solar Bond Deutschland series, Green Bond series, and Green Energy Asset Bond II) that finance solar, wind, tidal, and hydro power projects. Additionally, Reconcept provides project development services including photovoltaic, wind farm, and battery energy storage system (BESS) development, along with land lease services for landowners and energy park solutions for municipalities. The company operates across Germany, Finland, Canada, and Spain with approximately 10 GW of projects in development.

Differentiator

Problem solved

Functional benefit

Brands

• reconcept Green Global Energy Bond II: Green bond financing international portfolio of solar, wind and battery storage projects with 7.75% p.a. interest.
• reconcept WindEnergie Deutschland I
• reconcept Solar Bond Deutschland III
• reconcept Green Bond III
• reconcept Solar Bond Deutschland II
• reconcept Solar Bond Deutschland
• reconcept Green Energy Asset Bond II

Products and services

• reconcept WindEnergie Deutschland I Fixed-interest Green Bond offering 7.25% p.a. over seven years, financing wind energy development in Germany. Targeted at private investors seeking ESG-compliant fixed-income returns.
• reconcept Green Global Energy Bond II Fixed-interest Green Bond offering 7.75% p.a., financing an international portfolio of solar, wind, and battery storage projects across Germany, Finland, Canada, and Spain. Targeted at private investors.
• reconcept Solar Bond Deutschland III Certificated and exchange-listed Green Bond (ISIN: DE000A4DE123) with 6.5% p.a. interest over 6 years until May 2031, financing German solar projects.
• reconcept Green Bond III Certificated and exchange-listed Green Bond (ISIN: DE000A382897) with 6.75% p.a. interest over 6 years until September 2030.
• reconcept Solar Bond Deutschland II Certificated and exchange-listed corporate bond (ISIN: DE000A351MJ3) with 6.75% p.a. over 6 years until October 2029, financing solar projects.
• reconcept Solar Bond Deutschland Certificated and exchange-listed corporate bond (ISIN: DE000A30VVF3) with 6.75% p.a. over 6 years until April 2029, financing solar projects.
• reconcept Green Energy Asset Bond II Certificated and exchange-listed project bond (ISIN: DE000A3MQQJ0) with 4.25% p.a. over 5 years until June 2027, financing renewable energy asset investments.
• RE15 EnergieZins 2025 Inflation-protected bond at 4% p.a. with interest increasing by inflation rate, financing expansion strategy and investments in tidal, wind, and solar energy. Targeted at private investors.
• RE14 Multi Asset-Anleihe Bond financing a portfolio of four wind power plants and four photovoltaic plants, with 4.5% p.a. interest. EUR 10.0 million raised from 785 investors.
• RE16 Meeresenergie Bay of Fundy II Tidal power investment enabling construction of innovative floating tidal power platforms (FORCE 1) in Canada's Bay of Fundy, supplying approximately 800 Canadian households.
• RE13 Meeresenergie Bay of Fundy Tidal power investment product with approximately 250 investors participating in Canada's Bay of Fundy FORCE 1 tidal project.
• Photovoltaic Project Development Development of solar parks including site identification, planning, permitting, construction, and operation, with optional battery storage systems. Targeted at landowners, municipalities, and industrial partners.
• Wind Farm Project Development Development of wind farms including site acquisition, planning, permitting, construction, and long-term operation. Targeted at landowners, municipalities, and project partners.
• Battery Energy Storage System (BESS) Development BESS project development particularly near energy-intensive industrial sites and data centers, as well as for transportation networks. Targeted at industrial clients in Spain and Germany.
• Land Lease Service (Landpacht-Angebote) Partnership service for landowners offering to lease land for PV, wind, or battery storage projects, handling the entire project from planning to operation. Targeted at agricultural and rural landowners.
• Municipality Energy Parks (Gemeinde-Energieparks) Green energy park development for municipalities providing secure, independent, and clean energy generation with regional added value. Targeted at German municipalities and communities.
• Renewable Energy Asset Management Commercial and technical asset management for renewable energy projects ensuring long-term economic operation. Provided to investors and project partners.

Quantifiable outcome

• ~390 MW of renewable energy capacity developed and operational
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Courageous Kids FoundationminorOthers · 1 January 2026Social impact partnership: For every EUR 10,000 invested in Green Global Energy Bond II, reconcept donates EUR 10 to the Courageous Kids orphanage in Malawi. Demonstrates company's commitment to double returns - ecological and social.
• Tuulialfa OycoreStrategic or Co-development Partner · 1 January 2013Joint venture wind farm developer in Finland providing excellent market access. Reconcept has contractual right of first refusal on approximately 3,400 MW of wind projects. Tuulialfa Oy ranks among Top-10 Finnish wind project developers.
• Forum Nachhaltige Geldanlage (FNG)coreOthersReconcept is a supporting member (Fördermitglied) of the Forum Nachhaltige Geldanlage, demonstrating commitment to sustainable finance standards and transparency in green investments.
• ö.kofinanz-21 e.V.coreOthersSupporting member organization promoting sustainable financial products and transparency in green investments aligned with the same values of quality and growth in sustainable finance.
• Bundesverband Solarwirtschaft (BSW)coreOthersMember of the German Solar Industry Association working toward 100% renewable energy goals, providing industry voice and networking.
• Bundesverband Windenergie (BWE)coreOthersMember of the German Wind Energy Association working toward 100% renewable energy goals, providing industry advocacy and market intelligence.
• TM Voima OyminorStrategic or Co-development PartnerLocal Finnish partner handling construction management for wind farm projects, providing local expertise and project execution capability.
• Sustainable Marine EnergycoreTechnology or IntegrationProvider of PLAT-I floating tidal power platforms with in-stream turbines (SIT 250) used in the FORCE 1 project in Canada's Bay of Fundy. Technology enables modular, scalable tidal power generation.
• First Nations (Indigenous Communities)coreStrategic or Co-development PartnerReconcept advises Canada's indigenous communities (First Nations) on project management for independent renewable energy-based power supply, building partnerships for clean energy development.

Scale indicators13 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Encavis AG: German renewable-energy IPP and asset manager (now part of Enbridge). Same integrated model of owning/operating wind and solar plants and distributing yields to investors, with comparable institutional and retail capital reach across DACH.
• ABO Wind AG: German wind and solar project developer, investor-financed through project participations and green bonds. Comparable bundled pipeline plus bond issuance model and similar DACH mid-market deal flow.
• PNE AG: German wind project developer and IPP operating internationally. Overlaps with reconcept in greenfield project development pipeline across Germany and neighboring markets, including project-sale and JV structures.
• Energiekontor AG: Listed German wind/PV developer with an in-house project pipeline and own asset portfolio. Similar integrated developer-plus-operator-plus-investor-product model serving German municipalities and landowners.
• European Energy A/S: Danish international renewable-energy developer and power producer active in solar, wind and hydrogen. Comparable cross-border project development, with a green financing arm that issues green bonds aligned to reconcept's model.
• 7C Solarparken AG: German solar IPP operating and developing plants across Europe, distributing project-level yield to investors. Directly comparable from an investor-product and operational IPP perspective, though more solar-pure-play.
• Aquila Capital: Hamburg-based renewable-energy and infrastructure investment manager with funds and green bond-style products. Similar DACH focus and combination of development sourcing with capital-markets distribution.
• Eolus Vind AB: Swedish wind project developer active in Scandinavia, the Baltics, and North America. Comparable international project-development orientation and JV-driven pipeline, overlapping with reconcept's Finland and Canada activity.
• Greencoat Capital: London-based renewables and infrastructure investment manager raising institutional and wholesale capital against operational and development pipelines. Useful analog for the integrated investment-product / asset-management model reconcept runs at retail scale.

Broad incumbents

• Vattenfall AB: Large Swedish utility and IPP with extensive wind, solar, and BESS activity plus an established green bond program. Represents the dominant incumbent benchmark for pricing, offtake competition, and large-project financing terms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/reconcept-gmbh
• Xx.com/reconceptgmbH
• Facebookfacebook.com/reconcept

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 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 Reconcept