Viessmann Generations Group

About

Founded in 1917, Viessmann Generations Group is a private headquartered in Hof, Germany specializing in Solar, Wind, Hydro.

Viessmann, founded in 1917 as a metal workshop in Hof an der Saale, Germany, has evolved into a global leader in climate and energy solutions. The company developed heating, cooling, and refrigeration technologies before expanding into renewable energy infrastructure during the 1970s energy crisis. In 2023, Viessmann merged its Climate Solutions business with Carrier Global, creating a transatlantic leader serving residential, commercial, and industrial markets. In 2024, the company launched Viessmann Generations Group, an impact-driven ecosystem combining strategic investments in established market players with early-stage venture investments. The group operates through majority platforms including grid infrastructure, district heating and cooling systems, clean and cold solutions, and renewable energy assets. Portfolio companies include Encavis (solar and wind parks), ISOPLUS (pre-insulated piping for district heating), GRITEC (energy infrastructure stations), KPS Global (insulated panel systems), and others advancing decarbonization across Europe.