The neoom business model was confirmed by the investments of the Solas Sustainable Energy Fund ICAV and the BAWAG Group.
Freistadt (OTS) – With the active support of both financing partners, neoom can roll out the rental purchase offer for decentralized solar storage power plants for customers in Germany and Austria and thus further accelerate the energy transition!
The projects financed as part of these investments play a key role in achieving the decarbonization and energy efficiency goals in Germany and Austria. The investments enable neoom to provide the complete turnkey solution for the implementation, installation and management of decentralized solar storage power plants with the rent-to-own product neoom REENT to offer.
Sven Degens, Partner of Solas Capital AG: “We are pleased to announce the establishment of a solid and long-term relationship with neoom. Throughout the entire process, we witnessed neoom’s professionalism in business practices and the team’s enthusiasm for its mission. We are pleased to support the growth of neoom, which is driving the energy transition and resulting in lower greenhouse gas emissions and lower energy costs for customers with every project. The support at neoom perfectly reflects our goals at Solas Capital.
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Sebastian Carneiro, CEO of Solas Capital AG: “Our collaboration with neoom will not only enable the necessary energy transition in Germany and Austria, but also represents an attractive offer for investors. The diversified portfolio of B2C and B2B projects reduces investor risk and ensures stable long-term cash flows. In addition, we are pleased to be financing SSEF’s first projects in Austria together with neoom, thereby further diversifying the fund’s geographical reach.
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Thomas Schevaracz-Helm, Head of SME Banking at BAWAG GROUP, said: “We at BAWAG Group are proud to support the financing of neoom’s Impact Invest business unit. Our collaboration underlines the commitment of both companies to promoting sustainable energy projects and accelerating the energy transition in Austria. By providing financing, we enable neoom to offer tailor-made financing solutions for private households that make the transition to decentralized energy systems easier. This fits perfectly with our strategy of supporting innovative and sustainable projects that make a positive contribution to our society and environment. We look forward to continuing this successful partnership and to having a significant impact together on the future of energy supply in Austria.
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Philipp LobnigCFO of neoom ag: “This collaboration not only expands our ability to offer innovative, fully financed and turnkey solutions for decentralized solar storage power plants, but also strengthens our commitment to promoting energy efficiency and decarbonization in Germany and Austria.
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