Financial services
Table of contents
The German infrastructure sector will face significant challenges in 2025, particularly in the areas of heat supply, energy infrastructure and digitalization. The transformation towards a climate-neutral and digitally networked society requires considerable investment and strategic realignment.
Converting the heat supply to renewable energies is essential for achieving the climate targets. According to current analyses, investments of around 1.6 trillion euros will be required by 2045 to realize the transformation to climate neutrality. A large part of this sum will be spent on decarbonizing the heating sector, including the modernization of heating networks and the integration of renewable heat sources.
Table of contents
Both private companies and public institutions are faced with the challenge of making the necessary investments in order to make the infrastructure sustainable and fit for the future. Financing these measures represents a considerable challenge, as the existing investment frameworks of many players are not sufficient. Clear legal framework conditions and innovative financing models are therefore required in order to mobilize the necessary funds.
Digitalization also plays a key role in the modernization of German infrastructure. It enables more efficient operating processes, intelligent networks and new services. However, Germany has a lot of catching up to do. High energy costs, rising labor costs and complex bureaucracy have led to Germany falling behind in various areas. In order to remain competitive, investment in digital technologies and infrastructure is essential. This includes the nationwide expansion of broadband networks, the implementation of smart grids and the promotion of innovations in the field of artificial intelligence. The implementation of these measures requires not only financial resources, but also a determined industrial policy and the removal of bureaucratic hurdles.
While investors and companies see attractive growth opportunities in the areas of renewable energies, digital infrastructure and sustainable mobility, municipalities and public institutions need innovative financing models and strategic partnerships to successfully manage these developments. aconium GmbH supports both sides in deploying capital efficiently, exploiting synergies and developing sustainable growth strategies.
Investment consulting: Strategic capital allocation
for sustainable infrastructure
Billions of euros in investment required by 2035
Billions needed for fiber optic expansion
The infrastructure sector offers attractive opportunities for both investors and public institutions, but requires a targeted allocation of capital in order to ensure sustainable and long-term profitable investments. The need for investment in Germany is enormous: studies put it at around EUR 600 billion by 2035, while the digitalization of infrastructure, in particular the expansion of fibre optics, will require a further EUR 150 billion. These figures illustrate the capital requirements and the associated opportunities for institutional and private investors.
The challenge is to select the right projects, assess risks and develop a sustainable investment strategy. Regulatory framework conditions, subsidy opportunities and long-term economic trends play a decisive role in this.
With our cross-sector expertise, our international network and in-depth market knowledge, we help our clients to make strategic decisions, optimize investments and successfully implement sustainable infrastructure projects. Our aim is to set the course for a future-proof and resilient infrastructure through sound advice.
Our investment and infrastructure consultancy offers comprehensive support for investors as well as for municipalities and public institutions in order to realize sustainable and economically viable projects.
Our investment advice offers you:
Access to sustainable infrastructure projects
Identification and evaluation of attractive investment projects in areas such as energy, digitalization and mobility
Strategic investor placement
Precise matching of investors and public project sponsors through targeted matching
Development of sustainable financing models
Structuring sustainable solutions such as public-private partnerships and project-related financing
Risk minimization and funding advice
Analysis of regulatory, technical and financial risks and support in the use of public funding
Tailor-made investment strategies
Development of individual investment models – from direct investments to fund participation – with a focus on economic and social impact
M&A consulting
Growth strategies through targeted transactions
The German infrastructure market is characterized by increasing consolidation. Companies and investors, but also public companies, are faced with the challenge of strengthening their market position through strategic mergers and acquisitions, exploiting synergies and positioning themselves optimally for the future. According to a recent study, the German M&A market is showing a clear upturn for 2025: 85% of companies and 91% of private equity firms are planning to increase their transaction activities compared to the previous year.
This development is being driven particularly strongly by technological and ecological transformation pressure. Companies are using targeted acquisitions to expand their business models, tap into innovation potential and remain competitive in the long term. Alternative transaction structures such as joint ventures and strategic alliances are becoming increasingly important, particularly in capital-intensive sectors such as infrastructure.
The renewable energy and digital infrastructure sectors are developing particularly dynamically. In the area of the energy transition, government market incentives to make energy generation and use more flexible are leading to increased investment along the entire energy supply chain.
The digital infrastructure sector is also experiencing a phase of consolidation. The growing demand for fast and powerful networks is leading to increasing competitive pressure, which is prompting both large telecommunications companies and specialist fibre optic providers to make strategic acquisitions. At the same time, investments in data centers, cloud technologies and edge computing are increasing in order to cope with the growth in data processing.
The complexity of transactions in the infrastructure sector requires in-depth expertise, market knowledge and a strong network. aconium GmbH’s M&A consulting services cover the entire transaction process – from the identification of suitable takeover candidates to due diligence and successful integration.
Our M&A advice offers you:
Realization of value-enhancing transactions
Identification of synergies and optimal integration into existing structures
Risk minimization
Comprehensive due diligence to identify and reduce legal, economic and technical risks
Support for strategic partnerships
Support for joint ventures and strategic cooperations for the efficient utilization of growth opportunities
Financial advice
The financing of infrastructure projects is complex and requires innovative, customized solutions. In view of rising investment volumes, companies, investors and public players must rely on future-proof financing models. Traditional loan financing is increasingly being supplemented by hybrid structures, subsidies and public-private partnerships (PPP) in order to deploy capital efficiently and minimize risks.
Tailor-made financing models are particularly in demand in the area of the energy and heating transition . The implementation of large-scale projects such as the expansion of renewable energies, the development of a sustainable heat supply or the expansion of the fiber optic network requires innovative financing strategies that combine public and private sources of capital.
Our financing advice is aimed at investors, companies and public stakeholders who want to finance infrastructure projects efficiently and sustainably. With our experience and market knowledge, we develop individual financing strategies that enable long-term stability and growth.
Our financing advice offers you:
Development of customized financing structures
Optimal combination of equity, debt and alternative financing instruments
Advice on subsidies and government programs
Identification of suitable funding and support throughout the application process
Public-Private Partnerships (PPP)
Structuring, negotiating and implementing partnerships between public and private stakeholders
Your contact person
Maxi Sophie Kussatz
Senior Investment Advisor Infrastructure Projects, Private Sector Consulting
Mail: m.kussatz@aconium.eu
Phone: +49 30 221831118