Clearvise AG Considers Strategic Restructuring Amid Market Changes

Clearvise AG has announced a strategic shift in its business structure, as presented during a recent Supervisory Board meeting. The company is evaluating the complete outsourcing of its operational business areas to Tion Renewables GmbH. This move is part of its transformation into a YieldCo, a strategy focused on stable, predictable distributions from its European wind and solar parks.

The proposed shift aims to streamline operations and reduce costs, without affecting the management of its current portfolio. The transition is in early review stages, with no concrete decisions on implementation or personnel changes.

Chief Financial Officer Manuel Sieth plans to transition to Tion Renewables GmbH by October, necessitating a succession plan on Clearvise's Management Board. Current Chairwoman Petra Leue-Bahns will temporarily assume full executive responsibilities.