Grünwald near Munich, 03.12.2024 – KGAL has successfully concluded a lease agreement with the Canadian regional airline Porter Airlines for three De Havilland Dash-8 Q400 aircraft via its subsidiary GOAL, the long-standing joint venture between KGAL and Deutsche Lufthansa AG. The aircraft are part of the KGAL APF 5 fund, which specialises in aircraft leasing and which has to date grown to a volume of well over 400 million euros.

Grünwald/Munich, 26.11.2024 – GOAL, the long-standing joint venture between KGAL and Deutsche Lufthansa AG, has appointed Vicente Alava Pons as Managing Director. Together with Co-Managing Director Christian Schloemann and the GOAL team, he will continue to drive the company’s dynamic growth, open up new markets and promote innovation.

Grünwald, 21.11.2024 – The independent rating agency Scope has once again recognised KGAL as the best asset manager in the “Infrastructure Equity – New Energy” category. More than 20 years of experience with renewable energies, the expertise of a 65-strong team of experts and the unique product range are the basis for success.

Grünwald/Munich, 24.10.2024 – KGAL Investment Management has acquired three wind turbines near Perscheid, Rhineland-Palatinate. The wind farm is the first investment in an individual mandate, in which KGAL is advising the Software AG Foundation (SAGST). The wind farm, which is currently under construction, has a total capacity of 17.1 megawatts (MW) and is scheduled to go into operation in spring 2025. The seller is BayWa r.e.

Grünwald/Munich, 08/10/2024 – The PtX Development Fund1 for the promotion of hydrogen projects in developing and emerging economies has approved its first grant: Egypt Green Hydrogen (EGH) will receive €30 million for a hydrogen project in the Suez Canal Economic Zone (SCZone), the largest industrial cluster in Egypt. Prior to this, KGAL Investment Management GmbH & Co KG, the fund manager mandated by KfW, had intensively reviewed a total of 98 applications from seven countries. The contract was officially signed on 8 October at the Hamburg Sustainability Conference in the presence of Svenja Schulze, German Federal Minister for Economic Cooperation and Development (BMZ), Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and International Cooperation and Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources. The second round of applications is expected to start in winter 2024/25.