How to Apply to Encavis

Encavis AG is one of Europe's largest independent power producers (IPPs) in the renewable energy sector, headquartered at Grosse Elbstrasse 59 in Hamburg's HafenCity district, Germany. The company owns and operates a portfolio of approximately 3.6 gigawatts of utility-scale solar parks and onshore wind farms spread across nine European countries: Germany, Spain, Italy, France, the United Kingdom, the Netherlands, Denmark, Finland, and Austria. With roughly 250 employees managing this fleet, Encavis is a striking example of how lean a modern renewable IPP can be when it is structured as a financial owner-operator rather than as a vertically integrated utility. Encavis was formerly known as Capital Stage AG and rebranded to Encavis in 2018 after merging with Chorus Clean Energy. From that point until October 2024 it traded on the Frankfurt Stock Exchange (XETRA) under the ticker ECV and was a constituent of the SDAX and MDAX indices. In October 2024 the company was taken private in a public-to-private transaction valued at approximately 2.7 billion euros, led by funds advised by KKR (Kohlberg Kravis Roberts), in partnership with Viessmann and the Liebherr family office ABACON Capital. The delisting was completed on the Frankfurt exchange in early 2025, and Encavis is now a privately held, KKR-controlled platform inside KKR's Global Climate strategy. This privatization is the single most important fact a prospective employee needs to understand. The post-deal Encavis is no longer a publicly listed dividend-and-growth story for German retail investors; it is a private equity portfolio company being scaled, optimized, and ultimately positioned for an exit on a roughly five-to-seven-year horizon. The operating model is straightforward: Encavis develops, acquires, and operates utility-scale solar parks and onshore wind farms, sells the electricity into wholesale markets or under long-dated power purchase agreements (PPAs) with corporate offtakers, and earns a regulated or merchant return on the asset. Roughly two-thirds of the portfolio is solar PV and one-third is onshore wind, weighted by installed capacity. The company also has a meaningful and growing pipeline of additional gigawatts under development, with a stated long-term ambition of reaching 7 GW of operating capacity by the end of the decade. Funding that growth is now substantially easier than it was as a listed mid-cap, because KKR's infrastructure funds can deploy patient capital at a scale and speed that the public equity market would not have tolerated. Leadership has turned over significantly through and after the take-private process. Mario Schirru, an Italian-trained renewables executive who joined as Chief Operating Officer in 2023, was appointed Chief Executive Officer in 2024 and is leading the post-deal transformation. The Management Board sits in Hamburg alongside the operations, asset management, finance, IT, and legal teams. A small but consequential development arm operates regionally, with concentrations in Munich, Madrid, Milan, Paris, and Helsinki. Working language is German at the Hamburg headquarters for many internal-services functions, but English is the de facto operating language for the international asset management, M&A, and engineering teams. Strong written and spoken English is non-negotiable for almost any role above the entry level, and German is a real advantage but not always required. Labor relations follow the standard German co-determination model. Encavis has a Betriebsrat (works council) at the Hamburg site, and ver.di represents employees in collective bargaining where applicable. Compensation is competitive for the German renewables sector but is not a U.S.-tech-style outlier; the trade-off is the mission, the European footprint, and the quality of the asset base. Direct competitors in the European IPP and renewables landscape include RWE Renewables, Iberdrola Renovables, EDP Renewables, Orsted, Statkraft, Enel Green Power, Acciona Energia, Boralex, and the renewables arms of TotalEnergies and Equinor. Encavis is materially smaller than any of those by capacity, but it is also far more focused: it does almost nothing other than own and operate solar and wind assets, which is both its strategic clarity and its strategic risk. The practical consequence of being a small lean team operating a multi-gigawatt fleet across nine countries is that individual roles carry unusual scope. An asset manager at Encavis may be responsible for a portfolio of dozens of parks across multiple jurisdictions; a treasury analyst may touch project finance structures, hedging, and PPA settlement in the same week. If you want to be a tiny cog in a 50,000-person utility, this is the wrong employer. If you want to operate a real-money renewables platform with KKR-grade governance and a board-level interest in your work, Encavis is one of the most interesting jobs in European energy right now.