Franz Schnorbach, Board Member of GEPVOLT SE, in an interview about the business model, the Spremberg large-scale storage project and the bond issue.
Could you briefly introduce GEPVOLT SE?
GEPVOLT SE is a German energy infrastructure company based in Hilden that specialises in the development and operation of large-scale battery storage systems. The company was founded in 2021 and equipped with equity of EUR 10.12 million. We cover the entire value chain, from site identification and technical planning through to the operation of the systems.
What will the bond proceeds be used for?
The issue serves to finance our large-scale battery storage project in Spremberg, Brandenburg, a storage facility with an initial output of 12 MW and 48 MWh of capacity, which is set to be expanded to up to 20 MW and 80 MWh from 2027. Around 90 percent of the proceeds will go into technical and structural implementation, roughly 5 percent into marketing and sales, and a further 5 percent into liquidity reserves and working capital.
What significance does the Spremberg project have?
For GEPVOLT, Spremberg marks the transition from project development into operational business. The project is in an advanced implementation phase with a secured grid connection and the corresponding permits. With commissioning, we create the basis for cash flows from systems we have developed ourselves and a reference point for further projects from our pipeline.
What sets GEPVOLT apart from other market participants?
Above all, the integrated approach along the entire value chain and our Made in Germany strategy: with the exception of the battery cells, components and system integration come from Germany. Technologically, we rely on our own system architecture as well as a self-developed control and energy management system. From August 2026, we plan to transition into scalable series production at our site in Hilden.