ORGANISATIONAL STRUCTURE

Shaping the Future of Energy.

As a next-generation IPP, we combine renewable generation, battery storage, and advanced energy trading to provide integrated energy solutions.

ENCAVIS Management GmbH & Co. KG

Headquartered in Hamburg, ENCAVIS Management GmbH & Co. KG is the parent company of ENCAVIS GmbH, which is likewise based in Hamburg.

ENCAVIS Portfolio Management GmbH

Headquartered in Neubiberg near Munich, ENCAVIS Portfolio Management GmbH is a BaFin-regulated investment firm providing licensed investment advisory, brokerage, and portfolio management services.

Stern Energy S.p.A.

Stern Energy, which is based in Parma, Italy, offers specialist technical services connected with the operation, upgrading/revamping and construction of PV systems. 

Senior Leadership Team

Mario Schirru

Chief Executive Officer

Antoni Beltran Dauden

Chief Development Officer

Stefan Torri

Chief Operating Officer

Ernesto Magnani

Executive Advisor New Business

Quirin Busse

HEAD OF INVESTMENT

Natalie Grüber

Head of Legal

Karin Kaiser

Head of Institutional Capital

Kai Koplin

Head of Project Finance

Roberto Pizzini

Head of Commercial

Laura Schäfer

Head of People & Culture

Christian Schede

Head of Operations

Jordi Sucarrats Vila

Head of Controlling

Jan Alexander Wieck

Head of Corporate Finance & Treasury

Our Journey to a Next-Generation IPP

In January 2026, Elbe BidCo GmbH was renamed ENCAVIS GmbH.

In November 2025, Elbe BidCo AG was converted into a private limited liability company and continued to operate under the name Elbe BidCo GmbH.

In September 2025, ENCAVIS AG was merged into Elbe BidCo AG.

In January 2025, ENCAVIS AG was delisted from the regulated markets of the Frankfurt and Hamburg stock exchanges.

In November 2024, ENCAVIS AG was removed from the SDAX.

In September 2024, ENCAVIS AG moved from the MDAX to the SDAX.

 In connection with the public takeover offer for Encavis, Blitz 21-823 AG was renamed Elbe BidCo AG.

 In March 2024, ENCAVIS AG signed an investor agreement with Kohlberg Kravis Roberts & Co. L.P. (KKR) to establish a strategic partnership supporting the Company's long-term growth. The family-owned company Viessmann joined the KKR-led consortium as a shareholder, while Abacon Capital remained involved as a long-term investor.

In November, ENCAVIS AG increases its stake in Stern Energy SpA to 80% of the shares.
ENCAVIS AG is included in the STOXX Europe 600 Index on September 19, 2022.
On June 20, 2022, ENCAVIS AG is again included in the MDAX of Deutsche Börse, to which it has already belonged for almost six months since March 22, 2021.

In August 2019, ENCAVIS AG acquired 30% of Stern Energy SpA (Parma, Italy).

Capital Stage AG and CHORUS Clean Energy AG become Encavis. The name Encavis encapsulates the idea of starting out into a new future. Each syllable incorporates one of pillars on which we build:
‘EN’ stands for ‘energy’, which forms the basis for all our work.
‘CA’ is for ‘capital’, i.e. the funds we use to acquire our solar parks and wind farms and thus generate attractive returns.
‘VIS’ stands for ‘vision’ because we back the energy systems of the future and make renewable energy affordable.

CHORUS Clean Energy AG goes public. Shares are traded on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.

Capital Stage AG was first listed on the SDAX on 24 March 2014.

Capital Stage AG was founded in 2001 when Futura Capitalis AG shares were transferred to HWAG Hanseatisches Wertpapierhandelshaus AG (first listed in 1998).

The CHORUS Group was founded in 1998. Since 2006 it has focused exclusively on investments in the renewable energy sector.

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Solar energy

The sun is a vast, dependable, emission-free source of energy. Day after day, its rays are converted by our photovoltaic systems into green electricity.

Wind energy

People have been harvesting the power of the wind – an emissions-free source of energy – for thousands of years. Wind is another vast, dependable, emission-free source of energy. By harvesting its power, our wind farms pave the way for a future that’s free of carbon dioxide.

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