Blue Elephant Energy secures financing from Commerzbank for 268 MWp Schafhöfen solar park in Germany

Blue Elephant Energy reached financial close with Commerzbank for the 268 MWp Schafhöfen ground-mounted solar park in the district of Regensburg, Bavaria, Germany. Commerzbank acted as the sole lender for the project, which will be built across approximately 200 hectares in the municipality of Mötzing. Once operational in September 2027, the solar park is expected to generate around 300 GWh of clean electricity annually, supplying approximately 100,000 households and avoiding 103,000 tonnes of CO₂ emissions per year. The project’s long-term revenue profile is supported by a power purchase agreement (PPA) with DB Energie, which will supply renewable power to Deutsche Bahn’s rail power network. The PPA, announced in December 2025, was a key factor in securing the project financing.

Counterparts (2)

Developer

Blue Elephant Energy

company · 2 deals

Blue Elephant Energy AG (BEE) is an independent asset manager and developer specializing in solar PV and wind energy projects. They acquire, develop, and operate renewable energy assets across Europe and Australia, focusing on long-term value creation and building a diversified portfolio.

Lender

Commerzbank

company · 2 deals

Commerzbank is a German bank that supports corporate client groups and private and small-business customers. It supports clients with German connectivity and companies operating in selected future-oriented industries.