EQS-News: Encavis Asset Management AG / Key word(s): Personnel
Encavis Asset Management continues success story as accelerator of the energy transition and extends with the member of the Executive Board Alexander Stütz
Neubiberg/Munich, October 18, 2022. Encavis Asset Management AG (Encavis AM) remains on a growth path in 2022. The Supervisory Board has appointed Alexander Stütz as a member of the Executive Board for another 3 years until December 2025.
In recent years, Encavis AM has successfully developed to a leading provider of special funds for institutional investors within the growth market of renewable energies. Through Europe-wide investments in wind and solar parks with a total investment volume of over 2 billion euros, a broadly diversified portfolio as well as attractive investment solutions for banks, the insurance industry and energy suppliers have been established. The operational management of the parks is just as much a part of the company's services as the structuring and management of the mandates.
Dr Christoph Husmann, Chairman of the Supervisory Board: "Alexander Stütz has played a significant role in the success story of Encavis Asset Management. The company's leading market position today is also the result of his performance. The Supervisory Board thanks him for this and looks forward to continuing to work with him.
Notwithstanding the turbulent macroeconomic development, Encavis AM is continuously expanding its business model focused on holistic quality-oriented advice in the capital and energy market. While high ESG standards of the special funds have already been realised, the opportunities from digitalisation and smart management of energy are still high on the agenda.
Alexander Stütz: "With Encavis Asset Management, we want to continue to actively shape the transition to net-zero in the coming years and accelerate it through sustainable investments by institutional investors. I am immensely pleased to be able to continue this path, supported by an outstanding team and the trust of the Supervisory Board".
About Encavis Asset Management AG:
Encavis Asset Management AG offers institutional investors tailor-made portfolios and fund solutions for investments in the growth market of Renewable Energies. The Company has been successfully investing in this sector since 2006, covering the entire value chain from asset sourcing to the operational management of investments.
Encavis Asset Management AG is a wholly owned subsidiary of MDAX-listed Encavis AG (ISIN: DE0006095003, Prime Standard, Ticker symbol: ECV) and, as part of the Encavis Group, benefits from their many years of experience and broad industry network.
Encavis AG is one of the leading independent power producers (IPPs) in the field of Renewable Energies in Europe. Encavis Group's total generation capacity currently adds up to around 3.3 gigawatts (GW), which corresponds to a total saving of 1.4 million tonnes of CO2 per year.
Encavis is a signatory of the UN Global Compact as well as of the UN PRI network. Encavis AG's environmental, social and governance performance has been awarded by two of the world's leading ESG rating agencies. MSCI ESG Ratings awarded the corporate ESG performance with "A" and ISS ESG with their "Prime" label.
Please visit our website www.encavis-am.com for additional information.