Enpal flirts with IPO

Nils Wischmeyer Nils Wischmeyer | 19.03.2021

According to a media report, the solar start-up is aiming for the stock market. Alexander Samwer is said to be the driving force behind this.

Enpal CEO Mario Kohle seems to have no shortage of great comparisons. According to a report in Manager Magazin

, he describes the solar equipment manufacturer as a "German Tesla without production" and apparently has big plans. What has so far been treated as a vague vision of the future could soon become reality: Enpal is to take the plunge onto the stock exchange floor.

According to Manager Magazin

, Enpal investor Alexander Samwer, who is involved with his fund Picus Capital, wants to take the company public. First interested parties could currently invest in a pre-IPO round in the start-up, reports the business magazine, citing among other things from documents. According to them, the company aims to turn over around €2.5 billion as early as 2024 and become the world's largest renewable energy platform in the long term.

When asked, however, Enpal founder Mario Kohle sounds a bit more cautious: "An IPO is a possible step on our growth path. Therefore, we are of course taking the necessary precautions to be ready," he says. "However, there are no concrete decisions on this yet. What's most important to us is that Enpal grows in the very long term, so we can supply more and more people with green energy."

The start-up specializes in photovoltaic modules, the production of which is currently financed through loans and which are expected to bring the company long-term profits by renting them out to private individuals. Quite prominent backers have invested, including founder Lukasz Gadowski, through an investment vehicle also actor Leonardo DiCaprio and Zalando bosses Robert Gentz, David Schneider and Rubin Ritter.


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