Feldwerke, a Munich-based agrivoltaics company, has secured €12 million in revolving credit facility financing from a French debt fund specialising in renewable energy. The facility will enable the startup to construct approximately 100 MW of agrivoltaic installations over the next 18 months, marking a significant expansion milestone for the young company.
Founded in 2023, Feldwerke has already installed over 20 MW of capacity and is pursuing an ambitious roadmap to reach 1 GW by 2030. The new financing arrangement provides the capital-efficient structure needed to accelerate deployment across Germany’s expanding agri-PV market.
Institutional Recognition for Agri-PV Technology
Agrivoltaics—the practice of combining solar energy generation with agricultural production on the same land—has gained increasing traction among European investors seeking sustainable solutions to land use challenges. The financing from an established French debt fund signals growing confidence in the sector’s commercial viability and long-term potential.
Nils Kuchenbuch, CEO of Feldwerke, commented on the significance of the funding: “This financing marks a significant milestone for Feldwerke – and a clear signal that institutional investors have recognised the potential of agri-PV as a forward-looking form of land use. The revolving credit facility gives us the flexibility to execute our 100 MW portfolio swiftly and capital-efficiently.”
The revolving credit structure provides Feldwerke with ongoing access to capital as projects are completed and deployed, reducing the need for multiple discrete fundraising rounds and enabling more efficient cash flow management during the rapid construction phase.
Accelerating Deployment in Germany
Germany remains one of Europe’s most attractive markets for renewable energy deployment, driven by government support for decarbonisation and growing demand for sustainable energy sources. The agri-PV sector, in particular, benefits from policy frameworks that recognise the dual-use benefits of combining food production with clean energy generation.
Feldwerke’s expansion plan represents one of the larger agri-PV portfolios being deployed by a single company in the region. The 18-month timeline for 100 MW deployment demonstrates the company’s operational capabilities and the scalability of its technology platform.
Broader European Momentum
The investment reflects broader momentum in the European cleantech ecosystem, where agrivoltaic solutions are attracting attention from both debt and equity investors. Several European startups in this space have secured significant funding over the past two years as the sector transitions from early-stage demonstrations to commercial-scale deployment.
France’s participation as a financing partner also highlights the cross-border nature of European renewable energy investment, with capital flowing between countries based on project quality and market opportunity rather than geography alone. As European nations work toward ambitious renewable energy targets, financing mechanisms like Feldwerke’s credit facility are becoming increasingly important tools for scaling proven technologies rapidly.