Cube Infrastructure Managers Joins Forces with The Dillinger Group to Launch Solar PV Platform

Deal News | Mar 27, 2025 | Cube Infrastructure Managers

Cube Infrastructure Managers Joins Forces with The Dillinger Group to Launch Solar PV Platform

Cube Infrastructure Managers and The Dillinger Group have announced the first closing of a joint venture, CubIKS GmbH, which aims to develop 1 GW of solar photovoltaic capacity across Germany and Northern Italy over the next five years. This initiative is part of Cube's third flagship fund and focuses on building various types of solar installations and integrating Battery Energy Storage Solutions. The Dillinger Group will leverage its extensive experience in developing and financing renewable energy projects in Germany and Italy to accelerate this venture. Both companies aim to contribute to the transition to renewable energy in Europe and plan to capitalize on strong governmental support for zero-carbon initiatives.

Sectors

  • Renewable Energy
  • Infrastructure Investment

Geography

  • Germany – The joint venture aims to implement a significant portion of the solar PV capacity across Germany, and The Dillinger Group is a Germany-based company.
  • Italy – Part of the solar capacity deployment is targeted for Northern Italy, indicating the geographical scope of the project.

Industry

  • Renewable Energy – The article discusses a joint venture focused on deploying solar photovoltaic capacity, which is a key aspect of the renewable energy sector.
  • Infrastructure Investment – Cube Infrastructure Managers is an infrastructure investor, and the article elaborates on expanding infrastructure in renewable energy.

Financials

  • 150m – Over 18 years, The Dillinger Group has raised and invested more than 150 million in developing PV plants.
  • 4.3 billion – Cube Infrastructure Managers has raised and managed over 4.3 billion of institutional capital across four funds.

Participants

NameRoleTypeDescription
Cube Infrastructure ManagersPE Firm/InvestorCompanyAn independent mid-market infrastructure investor with a focus on transforming infrastructure assets in Europe.
The Dillinger GroupDeveloper/OperatorCompanyA Germany-based developer and operator of renewable energy plants, involved in developing solar PV projects.
CubIKS GmbHJoint Venture/Target CompanyCompanyA newly-established joint venture platform aiming to deploy 1 GW of solar PV capacity in Germany and Northern Italy.