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15.07.2024 | Tech and Business News

GIGA.GREEN Receives €25 Million Investment from Ichigo Inc.

GIGA.GREEN founders Sebastian Schmidt (left) and Wolfgang Röbig (right) with Scott Callon, Chairman of Ichigo Inc.

GIGA.GREEN founders Sebastian Schmidt (left) and Wolfgang Röbig (right) with Scott Callon, Chairman of Ichigo Inc. - © GIGA.GREEN

GIGA.GREEN, a leading German renewable energy solutions provider, has secured a €25 million equity investment from Ichigo Inc., a major Japanese sustainable infrastructure company. According to the company's press release, this strategic partnership marks Ichigo's first investment in European renewable energy, acquiring a 24.39% stake in GIGA.GREEN.

Founded in 2018, GIGA.GREEN specializes in designing, developing, and operating commercial solar energy systems, battery storage, and charging infrastructure in Germany. The new funding will be primarily used to expand operations, enhance technological innovation, and strengthen the company's market presence in Germany.

Sebastian Schmidt and Wolfgang Röbig, Co-Founders and Co-CEOs of GIGA.GREEN, emphasized the significance of this investment. Schmidt stated that it would accelerate their strategic goals and consolidate their position as an industry leader. Röbig added that the partnership would enable them to provide more businesses with easy access to affordable, renewable electricity.

GIGA.GREEN's mission is to save one gigaton of CO2 by partnering with commercial clients. The company offers a comprehensive service, from planning and financing to maintenance, making it easy for businesses to benefit from solar energy without upfront investment.

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