The pension fund of the cooperative organisation VVaG (PKGeno) is taking a stake in Berlin-based NULLCOZWEI GmbH. The company develops and supports projects in the field of CO2-free heat and energy infrastructure with a focus on geothermal energy.
With this investment, PKGeno is expanding its commitment to sustainable infrastructure investments. In addition to existing investments in real estate, photovoltaics and wind energy, the pension fund sees geothermal energy in particular as a long-term relevant field for the energy and heat transition.
“Geothermal energy combines security of supply, long-term infrastructure and social benefits in a special way. For us, these are exactly the factors that distinguish sustainable investments. NULLCOZWEI convinced us with its high level of technical expertise, resilient partner structures and a clear understanding of the development of complex energy projects,” says Karsten Weber, CEO of PKGeno.
NULLCOZWEI works together with partners from the fields of geology, deep drilling, plant engineering and energy infrastructure on projects in Germany as well as international markets such as Norway, France, Great Britain and Japan. In addition to PKGeno, Amicus Private Wealth Verwaltungs GmbH, Praeclarus Invest GmbH, RING-VERWALTUNG eGbR and Ringstiftung are also involved in NULLCOZWEI.
“The heating transition needs projects that are technically resilient, economically viable and financially viable in the long term. This is exactly the interface we are working on. Together with experienced partners, we develop geothermal and energy infrastructure projects with a clear focus on real implementation and long-term supply perspectives,” says Steffen Krause, Managing Director of NULLCOZWEI.
PKGeno’s participation is intended in particular to support the further development and structuring of infrastructure and energy projects. At the first joint shareholders’ meeting, the participants exchanged views on the strategic development of the company and ongoing project plans.
