30.12.2014

Take-over of the Asset Management Portfolio of Global Investment

Momentum Gruppen A/S takes over the management of 118 MW Wind from Global Investment A/S becoming one of Denmark’s largest asset managers within the wind industry.

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As of 31.12.2014, Momentum Gruppen A/S takes over the management of 118 MW Wind from Global Investment A/S in Hørsholm, DK.

Thereby, Momentum set in stone its position as one of Denmark’s largest, independent asset managers within the wind industry. With this addition, Momentum Gruppen is managing more than 270 MW with a combined value of 2 billion DKK.

Ahead of the transaction Momentum has 10 employees in Roskilde and will take over further 3 employees from Global Investment. Furthermore, 13 colleagues are involved with the subsidiary Momentum Windtechnik in Berlin, Germany.

Momentum Windtechnik performs technical and commercial management in Germany, as well as identify and execute repowering projects on behalf of Momentum Gruppen’s clients with turbines in Germany.

”With the purchase of the wind turbine administration from Global Investment, we establish us as one of the largest asset managers of wind turbines in Denmark. Especially, we expand our position as managers for Danish owners of turbines in Denmark. With this purchase, we show our will and ability to be at the front of the consolidation that is happening currently in the market. The ambition is to increase volume continuously in order to obtain a leading market position and visibility, which gives Momentum and its clients the best conditions for optimal operation and output from their assets. We are looking forward to welcome our new customers.”

Kim Madsen, Adm. Direktør

The Conclusion of a Busy Year

With this transaction, Momentum finishes a busy year, in which the company has grown in all significant parameters. Financially Momentum ends the year very strong based on a number of successful transactions primarily of wind turbines but also of solar plants during the year.

For further information, please contact CEO Kim Madsen by phone: +45 46 33 70 10 or e-mail: kim@momentum-gruppen.com.

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