Ikav

About

Founded in 2010, Ikav is a private headquartered in Hamburg, Germany specializing in Solar, Wind, Geothermal.

Ikav is an independent asset manager established in 2010 with headquarters in Hamburg, Germany, and offices across 14 locations in 7 countries. The company originates, constructs, finances, operates, and manages a diverse portfolio of renewable energy assets including photovoltaic, concentrated solar power, wind, geothermal, and energy efficiency projects. The company also invests in conventional energy infrastructure including oil and gas upstream operations and power plants. Ikav operates over 340 PV plants across Italy, Spain, and France, manages two existing geothermal plants in southern Germany with development projects planned, and operates CSP plants in Sicily at Partanna and Trapani. The group has executed over 50 transactions since 2010 and employs a buy-and-hold strategy focused on strong cash yield returns. In 2023, Ikav acquired a majority stake in Aera Energy LLC, subsequently merged with California Resources Corporation in a $2.1 billion transaction, positioning the combined entity as California's largest oil and gas producer with carbon capture and storage ambitions.

Projects