Nexun Accelerates Solar PV Expansion with Marguerite Support

Marguerite Adviser SA, a prominent pan-European infrastructure investor, has renewed its support and increased its equity investment in Nexun, a platform focused on utility-scale solar PV projects across Europe. Through its fund, Marguerite III, the firm has committed additional financing to enhance Nexun's growth and expand its presence in key European markets. This move aligns with Marguerite's strategic vision to invest in energy transition projects and support the development of clean, domestically-produced energy. With over 1.2 GW of solar PV capacity under development, Nexun, which was established in January 2023, has become a leading figure in the solar PV sector, focusing on early-stage project origination and permitting. The firm, led by Josef Kastner and Chlo Durieux, is active in France, Austria, Spain, Poland, Germany, and Italy, and is also developing projects in battery energy storage systems and hybrid renewable projects. The transaction underscores Marguerite's long-term commitment to developing strategic infrastructure aligned with Europe's climate and energy objectives.