Gothaer invests €10m in GreenTech company Wegatech

Written by Adam Cadle

04/10/2022

Gothaer has invested €10m in GreenTech company Wegatech.

Wegatech is a leading national provider of sustainable energy technology and a specialist in photovoltaic systems, battery storage, heat pumps and charging stations.

As part of its energy initiative, Gothaer wants to support 500 small and medium-sized companies in reducing their CO2 emissions by 50% over the next five years.

“Our cooperation goes far beyond the financial investment. Both companies use the synergy effects to accelerate the energy transition and make a greater contribution in the fight against the climate crisis,” Thomas Bischof, CEO of Gothaer Allgemeine Versicherung AG, stated.

“With the investment in Wegatech, Gothaer is adding a partner company from the field of renewable energies to its energy initiative to support German medium-sized companies.”

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