With your investment, support the financing of further wind energy projects by the EBERT Group and make a long-lasting contribution to the regional energy transition.

The security at a glance

This project is a co-funding arrangement with the crowdfunding platform GLS Crowd, meaning the project is offered in parallel on both the bettervest and GLS Crowd platforms. A total of EUR 2 million is to be raised – of which EUR 700,000 is to be financed through the bettervest crowd. This first tranche has an issuance volume of EUR 200,000.

Project intent

By investing in EBERT Windpark Elbe-Steinlah Invest GmbH & Co. KG, the proceeds will indirectly finance further wind energy projects within the EBERT Renewable Energy Group. The issuance proceeds flow via a ring-fenced loan to the parent company, which uses them to fund the continued portfolio growth in wind energy.

The reference project is the already operational Wind Farm Elbe-Steinlah: since March 2023, 6 turbines with a total rated capacity of 36 MW have been generating up to 80 million kWh of electricity annually.&nbsp

Established company

The owner-managed EBERT Group has specialised in the development of renewable energy projects since 1998. A team of over 80 people at the Kiel and Cremlingen locations manages the entire project cycle – from site analysis through permitting and construction to commercial and technical operations. With over 160 realised wind energy installations as well as biogas and photovoltaic projects, EBERT ranks among the most experienced players in the field.

Risk reduction measures

The claims arising from the bond are secured by a two-tier collateral concept:

Parent Company Guarantee: Ebert Erneuerbare Energien Beteiligungs GmbH & Co. KG secures all claims of bondholders by means of a guarantee on first demand.

Pledge of Limited Partnership Shares: The parent company has pledged limited partnership shares in Windpark Elbe-Steinlah WEA 03 as well as WEA 04 Betriebs-GmbH & Co. KG in favour of investors to the independent trustee HmcS Treuhand GmbH. The trustee administers and realises these shares in the interest of investors should neither the issuer nor the guarantor meet their payment obligations. Upon the occurrence of certain events – such as non-payment, insolvency, or breach of reporting obligations – an extraordinary right of termination exists.

Project description

By investing in EBERT Windpark Elbe-Steinlah Invest GmbH & Co. KG, the proceeds will indirectly finance further wind energy projects within the EBERT Renewable Energy Group. The issuance proceeds flow via a ring-fenced loan to the parent company – Ebert Erneuerbare Energien Beteiligungs GmbH & Co. KG – which uses them to provide equity to operational subsidiaries and finance continued portfolio growth in wind energy.

The reference project is the already operational Wind Farm Elbe-Steinlah: since March 2023, 6 turbines with a total rated capacity of 36 MW have been generating up to 80 million kWh of electricity annually. The wind farm was realised in collaboration with the Wolfenbüttel district, the municipality of Elbe, and local residents.

 

The claims arising from the bond – in particular interest payments and repayment of the principal amount – are secured by a two-tier collateral concept:

Parent Company Guarantee: Ebert Erneuerbare Energien Beteiligungs GmbH & Co. KG secures all claims of bondholders by means of a guarantee on first demand. Claims under the guarantee may be enforced as soon as the issuer fails to meet its obligations on time.

Pledge of Limited Partnership Shares: The parent company has pledged limited partnership shares in Windpark Elbe-Steinlah WEA 03 as well as WEA 04 Betriebs-GmbH & Co. KG in favour of investors to the independent trustee HmcS Treuhand GmbH. The trustee administers and realises these shares in the interest of investors should neither the issuer nor the guarantor meet their due payment obligations.

Upon the occurrence of certain events – such as non-payment, insolvency, or breach of reporting obligations – an extraordinary right of termination exists. Details are set out in the bond terms and conditions under clause 8.

The expertise of the EBERT Group is consolidated across specialised departments covering the entire value chain – from project development and construction through to long-term commercial and technical operations. This integrated approach allows EBERT to maintain full operational control across all project phases. Following commissioning, technical operations management monitors the wind farms to ensure maximum availability and yields, while commercial operations management handles all asset management and billing.

Financing Level: EBERT Windpark Elbe-Steinlah Invest GmbH & Co. KG operates within the group solely as a special purpose vehicle with no operational business of its own. Its sole purpose is the issuance of the present bond.

Capital Flow & Use of Proceeds: The issuance proceeds are disbursed via a ring-fenced loan to Ebert Erneuerbare Energien Beteiligungs GmbH & Co. KG. The latter uses the funds to provide equity to operational subsidiaries within the group and to finance continued portfolio growth in wind energy.

 

From a minimum investment of €500, investors receive an interest rate of up to 5.25% p.a. over a term of 8 years.

The first interest payment will be made in April 2027 for the period 26.02.2026–31.03.2027. From 2028 onwards, interest payments will be made one banking day after 31 March each year. The bond will be repaid in 8 equal annual instalments of 1/8 of the principal amount, beginning on 31.03.2027. The final interest and principal payment will be made one banking day after 31.03.2034. The total issuance volume is capped at €2,000,000.

This project is a co-funding arrangement with the crowdfunding platform GLS Crowd, meaning the project is offered in parallel on both the bettervest and GLS Crowd platforms. A total of EUR 2 million is to be raised – of which EUR 700,000 is to be financed through the bettervest crowd. This first tranche has an issuance volume of €200,000.

"Dear investors,

Wind energy is at its most convincing when its benefits are felt locally: through electricity from wind turbines, reliable operation, and a rollout that involves the people who live nearby. That is exactly what the Elbe-Steinlah wind farm stands for. With 6 wind turbines and a total rated capacity of 36 MW, the wind farm has been feeding electricity into the grid since March 2023, making a long-term contribution to the region's energy supply.

At EBERT Erneuerbare Energien, we are delighted to have reached this milestone together with the district of Wolfenbüttel, the municipality of Elbe, and local residents. With this bond, we are now inviting people in the region – and afterwards the entire bettervest crowd – to invest in the financing of further wind turbines of the EBERT Erneuerbare Energien Group, and so become a direct part of the regional energy transition. Let's work together to build a future with a tailwind – transparent, rooted in the region, and focused on expanding renewable energy.

Kind regards,"
Tim Ebert
CEO of EBERT Group

The borrower and country profile

Ebert Erneuerbare Energien Wind GmbH & Co. KG

Grasweg 26
24118 Kiel
Deutschland

The owner-managed EBERT Group has specialised in the development of renewable energy projects since 1998. Founded by Peter Ebert, the company has grown over more than two decades from a regional player into a nationwide network of around 80 specialists. With locations in Kiel and Cremlingen, EBERT covers the entire project cycle – from site analysis through permitting and construction to commercial and technical operations management.

The EBERT Group operates two central locations in northern and central Germany. The company’s origins lie in Cremlingen, where its first projects were realised. The establishment of a second location in Kiel consolidated its presence in the wind-rich north and significantly expanded its operational reach.

With the joining of Dr. Tim Ebert, the group entered a phase of strategic further development. Following degrees in law, a doctorate, and studies in business administration, he took over the leadership of the group. The combination of hands-on project experience and legal expertise supports the successful execution of increasingly complex permitting procedures. He is supported by a broadly positioned team of specialists in engineering, planning, and business administration.

To date, EBERT has realised over 160 wind energy installations as well as biogas and photovoltaic projects, bringing extensive experience in planning, construction, and long-term operations management.

EBERT acts as a reliable partner for landowners, municipalities, and citizens with the aim of realising projects with a high degree of regional acceptance. For EBERT, being close to the local community means above all trust and efficiency: close collaboration with municipalities, landowners, and authorities is the foundation of every successful project.

Operational Expertise: The expertise of the EBERT Group is consolidated across specialised departments that work hand in hand. Together they cover the entire value chain – from project development and construction through to the long-term commercial and technical operations management of the wind farms. This integrated approach allows EBERT to maintain full operational control across all project phases.

Financing Level: EBERT Windpark Elbe-Steinlah Invest GmbH & Co. KG operates within the group solely as a special purpose vehicle with no operational business of its own. Its sole purpose is the issuance of the present bond.

Capital Flow & Use of Proceeds: The issuance proceeds are disbursed via a ring-fenced loan to EBERT Erneuerbare Energien Beteiligungs GmbH & Co. KG (limited partner of the issuer). The latter uses the funds to provide equity to the group’s operational subsidiaries and thereby finance continued portfolio growth in wind energy

When making investment decisions, it is advisable to research the project location in advance – in particular the country in which the project is being implemented. The following indicators provide a useful starting point for independent research. The information was retrieved from the respective data sources in April 2026 and is published without guarantee.

INDICATORRATING Germany
Euler Hermes RankingEuler Hermes has rated the risk of non-payment by German companies as “low risk” and assigned a rating of AA1 on a scale from AA to D (Source: Euler Hermes Country Risk Map)
Corruption index (Transparency International)The Corruption Perceptions Index published by Transparency International, measured on a scale from 0 (high level of corruption) to 100 (no perceived corruption), stands at 77 for Germany (Source: Transparency International 2026).
Commercial Bank Prime Lending RateThe Commercial Bank Prime Lending Rate indicates the average annualised interest rate that local commercial banks charge their most creditworthy customers for new loans in the local currency. For Germany, the rate stood at 3.95% as of February 2026 (Source: Trading Economics 2026).
Creditworthiness (Moody’s)(Moody’s)Moody’s has rated the creditworthiness of German government bonds at Aaa on a scale from AAA to D, classifying it as “stable” (Source: Finanzagentur 2026).

Key data

Borrower Ebert Erneuerbare Energien Wind GmbH & Co. KG
Investment type Bond
Loan volume EUR 200.000
Runtime 8 years
Return up to 5,25% p.a.
Available from 26.02.2026
Interest payment date Interest is payable annually one banking day after 31 March. The first interest payment is due on 31.03.2027.
Repayment In eight partial principal amounts of 12.50% each in the years 2027 to 2034, one banking day after 31 March in each case.
Minimum investment amount 500.00 EUR
Denomination 500.00 EUR
Tradability No stock exchange listing is planned.

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